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at the start of 2014 lucys house was worth 200000. the value of the house is increased by 5% every year. work out the value of her house at the start of 2017

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Respuesta :

Answer:

231525

Step-by-step explanation:

2014 = 200,000

Start of 2015

200,000 x 1.05 = 210,000


Start of 2016

210 x 1.05 = 220,500


Start of 2017

220,000 x 1.05 = 231,525

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