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A house worth 120,000 is in an area where real estate is increasing in value at the rate of 8% per year. How much will the house be worth in 1 year?

A house worth 120,000 is in an area where real estate is increasing in value at the rate of 8% per year. How much will the house be worth in 1 year?
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A house worth 120,000 is in an area where real estate is increasing in value at the rate of 8% per year. How much will the house be worth in 1 year?

User Achmed Zuzali
by
7.5k points

1 Answer

3 votes
Well 8 percent of 120,000 is 9600.
So we add that to get 129600
Hope that helped
User Cwhisperer
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8.0k points
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