Question

A house purchased for $220000 has it's value grow at a constant rate of 4%. Determine the approximate
value of the house 5 years after purchase

Answer 1

Answer:

the answer is 264000.....

Answer 2

Answer:

264,000

Step-by-step explanation:

4% of 220000 is 8800

8800 x 5 = 44000

220000 + 44000 = 264000