Question

Over time the value at property on 397 west lake street increased by 275. If the initial value of the property was p which expression represents the property current value? A) 375p B) 275p C) 3.75p D) 2.75p

Answer 1

b

Explanation:

Answer 2

Answer: Third option is correct.

Explanation:

Since we have given that

Initial value of the property = P

Rate of growth = 275%

So, we need to find the property's current value:

We will use "compound interest ":