Answer:
THe value after 5 years will be $301100.755
Step-by-step explanation:
Each year the houses appreciates a 6%; as a result, the price of the house is multiplied by 1.06 for each passing year. If 5 years passed, then the price would multiply for 1.06 a total of 5 times, hence it will be multiplied by 1.06⁵.
The value of the house after 5 years will be
225000*1.06⁵ = $301100.755
Up 3 over 1
5, 7, 9, 11, 13 add 2
