Question

Rays dad bought a vintage car for $23000. If it increases in value 3% a year, how much will it be worth in 7 years?

Answer 1

27830

Explanation:

3%×7=21%

21%×23000=4830

23000+4830=27830

Answer 2

It should be $27830 if I'm reading this right.

Explanation:

3% of $23000 is $690

$690 * 7 = $4830

$23000 + $4830 = $27830