The value of a house is increasing by $1900 per year. If it is worth $160,000 today, what will it be worth in three years?
Added by Kaitlin B.
Step 1
Since the value of the house is increasing by $1900 per year, the total increase over three years would be: $1900/year * 3 years = $5700 Show more…
Show all steps
Close
Your feedback will help us improve your experience
Kathleen Carty and 67 other Algebra educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
What will a $ 100,000 house cost 4 years from now if the price appreciation for homes over that period averages 3 % compounded annually? The future cost of the house will be...?
Kathleen C.
Supreeta N.
What will a $150,000 house cost 4 years from now if the price appreciation for homes over that period averages 5% compounded annually? what will be the future cost of the house?
Donna D.
Recommended Textbooks
Elementary and Intermediate Algebra
Algebra and Trigonometry
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD