The value of a house appreciates 5% per year How much is the house worth after 6 years if - Maths - Sequences and Series

Question

The value of a house appreciates 5% per year How much is the house
worth after 6 years if its current worth is Rs 15 Lac [Given : (1
05)5 = 1 28, (1 05)6 = 1 34]

Pooja · Accepted Answer

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The value of a house appreciates 5% per year. How much is the house worth after 6 years if its current worth is Rs. 15 Lac. [Given : (1.05)5 = 1.28, (1.05)6 = 1.34]