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27 November, 17:59

a house that costs 200000 will appreciate in value by 3% each year. find the value of the house after 3 years

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  1. 27 November, 20:16
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    The cost of the house after 3 years is $218,545.40

    Step-by-step explanation:

    To find the value of this house after 3 years, multiply the cost by 1.03 three times. This will give you a 3% increase.

    200,000 * 1.03 = 206,000

    206,000 * 1.03 = 212,180

    212,180 * 1.03 = 218,545.40
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