Register

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

Carly bought a new house for $125,000. The value of the house is approximately 3.5% each year. What will be the value of the house after 10 years?
22.5k views
0 votes
Carly bought a new house for $125,000. The value of the house is approximately 3.5% each year. What will be the value of the house after 10 years?

User Zhfkt
by
8.6k points

2 Answers

4 votes

Answer

this is right answer $176324.85

Explanation:

User Punkologist
by
8.7k points
3 votes
For 1 year, the house appreciates $4375 (3.5% of 125,000). Therefore after 10 years, $4375(10) = $43750. $125,000+ $43750 = $168,750.
User Saman Sattari
by
8.5k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!