A house purchased for $220000 has it's value grow at a constant rate of 4%. Determine the approximate value of the house 5 years after purchase

asked Nov 13, 2022 19.4k views

18 votes

A house purchased for $220000 has it's value grow at a constant rate of 4%. Determine the approximate

value of the house 5 years after purchase

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9 votes

Answer:

264,000

Explanation:

4% of 220000 is 8800

8800 x 5 = 44000

220000 + 44000 = 264000

Yuehan Lyu answered Nov 16, 2022

3.4k points

5 votes

Answer:

the answer is 264000.....

Aaron Sanders answered Nov 17, 2022

3.8k points

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