The present cost of land per sq meter is 16,000 In the past 2 years the land price - Maths - Comparing Quantities

Question

The present cost of land per sq meter is 16,000 In the past 2 years
the land price increased at the rate of 20% per annum The
expectation is that the price will increase at the same rate for
coming 2 years What will be the appreciated price after 2
years​

Rahul Agrawal · Accepted Answer

The present cost of land per sq. meter is 16,000. In the past 2 years the land price increased at the rate of 20% per annum. The expectation is that the price will increase at the same rate for coming 2 years. What will be the appreciated price after 2 years​

The present cost of land per sq. meter is 16,000. In the past 2 years the land price increased at the rate of 20% per annum. The expectation is that the price will increase at the same rate for coming 2 years. What will be the appreciated price after 2 years