Answer:
$216435
Step-by-step explanation:
Given : Suppose homes in a big city increase in value 13% every year.
To Find: How much will a home that cost $150,000 be worth 3 years later?
Solution:
Principal = $150000
Rate = 13% =0.13
Time = 3 years
Formula :
Now substitute the values in the formula
So, The cost of home after 3 years will be $216435
Hence Option B is true