At the start of 2014 lucy's house was worth ? 200000. the value of the house increased by 5% each year. work the value of the house at the start of 2017

Value of house in 2017  = 231525$

Explanation:

 At the start of 2014 worth of Lucy's house = 200000$

 Rate of increase of the value of the house = 5% = 0.05

 Value of house in 2015 = 200000+0.05*200000 = 210000$

 Value of house in 2016 = 210000+0.05*210000 = 220500$

 Value of house in 2017 = 220500+0.05*220500 = 231525$

 Number of years in between 2014 and 2017 = 2017 - 2014 = 3 years.

 Value of house in 2017

answer: no

step-by-step explanation: