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You inherit a section of farmland on January 1, 2005, when it is worth 1000 per acre. Due to nearby suburban dvelopment, it appreciates 5%
You inherit a section of farmland on January 1, 2005, when it is worth 1000 per acre. Due to nearby suburban dvelopment, it appreciates 5% % a year. You decide to sell the section on January 1, 2015. How much do you receive in total?
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