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Vlada [557]
3 years ago
10

At the start of 2014 Tim's house was worth 100,000.

Mathematics
1 answer:
Novay_Z [31]3 years ago
5 0
For this case we have a function of the form:
 y = A * (b) ^ t
 Where,
 A: initial amount
 b: growth rate
 t: time
 Substituting values we have:
 y = 100000 * (1.10) ^ 4
 y = 146410
 Answer:
 
the value of his house at the start of 2018 is:
 
y = 146410
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