Question

A house valued at $100000 gains 6%in value. Which expression shows the current value of the house in dollars

Answer 1

Answer:

Current value of house is $106000

Step-by-step explanation:

We are given

A house valued at $100000

gains 6%in value

so,

current value = past house value + gain(%) * (past house value)

past house value =100000

gain(%)=6%

so, we can plug value

Current value is

$=100000+\frac{6}{100}\times 100000$

$=106000$