Question

at the start of 2014 tims house was worth £100,000 the value of this house increased by 10% every year work out the value of his house at the start of 2018

Answer 1

161,051

146,410 if you DON'T add 2018

Explanation:

2014

100000÷10=10000 (10%)

100000+10000=110000

2015

110000÷10=11000

110000+11000=121000

2016

121000÷10=12100

121000+12100=133,100

2017

133100÷10=13310

133100+13310=146410

2018

146410÷10=14641

146410+14641=161051