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

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asked Dec 17, 2019 123k views

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Brian Morearty · Answer 1 · 2019-12-21T16:52:40+0000

I believe the answer would be $168,750, I'm not to sure on this so check my math if its right or not

3.5% * 10 = 35%
$125,000 * 35% = $43,750
$125,000 + $43,750 = $168,750

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

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