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

Question

Nikitich [7]

3 years ago

13

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:

Alex787 [66] · Answer 1 · 2021-12-31T16:37:51+03:00

Alex787 [66]3 years ago

3 0

I believe the answer would be $168,750, I'm not to sure on this so check my math if its right or not

3.5% * 10 = 35%
$125,000 * 35% = $43,750
$125,000 + $43,750 = $168,750