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Sphinxa [80]
3 years ago
10

Carly bought a new house for $125,000. The value of the house appreciates approximately 3.5% each year. What will be the value o

f the house after 10 years?
Mathematics
1 answer:
STALIN [3.7K]3 years ago
5 0
125,000*.035= 4375
so that's the value it goes up in one year
but they're asking for 10 years so multiply the above answer by 10
value appreciates $43, 750 in 10 years
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1. 18,000 x 1.03 (3% increase) either type 1.03 into your calculator 25 times or use an exponent ↓↓↓↓↓↓↓
18000 x 1.03^25 (25 years past)  =37,688.00 
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