Answer:
231,525
Step-by-step explanation:
At the start of 2014 it was worth 200,000
At the start of 2015 it was worth 200,000 plus the 5% of the 2014 worth
5% of 200,000 is 10,000
So at the star of 2015 the worth was (200,000 + 10000) = 210,000
In 2016 the worth was 210,000 plus 5% of it
The 2016's worth was (210,000 + 10500) = 220,500
The 2017's worth was 220,500 plus 5% of it
The 2017's worth was (220,500 + 11,025) = 231,525
