Question

(PLEASE HURRY)

at the start of 2014 lucys housewas worth 200,000 the value of the house increased by 5% every year work out the value of her house at the start of 2017

Answer 1

231,525

220,500 if you're not adding on the 2017

Explanation:

2015

200000÷100=2000 (1%)

2000x5=10000

200000+10000=210000

2016

210000÷100=2100

2100x5=10500

210000+10500=220500

2017

220500÷100=2205

2205×5=11025

220500+11025=231525

I don't know if you're meant to add on the 2017 5% or not

Answer 2

230,000

Explanation:

if the value increases by 5% and 5% of 200,000 is 10,000 so in 3 years the price will increase to 230,000