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Carly bought a new house for $125,000. The value of the house appreciates approximately 3.5% each year. What will be the value of the house after 10 years?
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Carly bought a new house for $125,000. The value of the house appreciates approximately 3.5% each year. What will be the value of the house after 10 years?

User Mohsin Mahmood
by
6.2k points

1 Answer

1 vote
125,000*.035= 4375
so that's the value it goes up in one year
but they're asking for 10 years so multiply the above answer by 10
value appreciates $43, 750 in 10 years
User Pouria
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