The answer to 2 is 14 and the answer to 4 is b
$1235-$800=$435 thus the I which is the simple interest
:I=PRT all over 100
435=800(R) (5)all over 100
43500=4000R
:R=10.88%
Answer:
$138,345
Step-by-step explanation:
This is a compound decline problem, which will be solve by the compound formula:

Where
F is the future value (value of house at 2030, 14 years from 2016)
P is the present value ($245,000)
r is the rate of decline, in decimal (r = 4% = 4/100 = 0.04)
t is the time in years (2016 to 2030 is 14 years, so t = 14)
We substitute the known values and find F:

Rounding it up, it will be worth around $138,345 at 2030