At the start of 2014 Lucy's house was 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.
Answers
Answered by
17
Answer :
Given :
worth of house = £200,000
increment per year = 5%
To find :
Value of the house at the start of 2017
Solution :
As w ek know from 2014 to 2017 it will be in all 3 years so 5% X 3 = 15%
15% of 200,000
15÷100 X 200000
= £30,000
now adding the total worth of house + the increment till 2017
£ 200,000 + £ 30,000
= £230,000
Hope this helps you.
Please mark it as brainliest.
divyav160803:
n u didn't bother me i am here to help dear n get help
I converted 5% into a multiplier which was 1.05.
I then did 200,000 x 1.05 to the power of 3 and I got 231,525
try to convert 15% cuz as i wrote in the answer that 5% X 3 = 15%
ohhk
when wrote it is was marked wrong then I changed it
are there any reference books to refer ??
hey alecia did u get the correct answer ???
No reference books. sorry for late reply
its okay
Answered by
24
Answer:£231525
Step-by-step explanation:
200000 divide by 100 x 5 = 10000
200000 + 10000 = 210000 divide by 100 x 5 = 10500
210000 + 10500 = 220500 divide by 100 x 5 = 11025
220500 + 11025 + 231525
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