Easy points!

brock bought his house for $135,200. a local real estate agent predicts that the house will appreciate in value 5% each year.

what will the value of brock's house be in 25 years?

a. $141,960

b. $290,540

c. $457,835

d. $520,162

The value of Brock's house will be $457,835 in 25 years.

Option C is correct.

Step-by-step explanation:

Given: Brock bought his house for $135,200. A local real estate agent predicts that the house will appreciate in value 5% each year.

The value of house increase by 5% every year.

Formula:

where,

FV = Future value of house

PV = Present value of house (PV=$135,200)

r = rate of interest (r=0.05)

t = period of mortage (t=25)

Substitute the values into formula and solve for FV

Hence, The value of Brock's house will be $457,835 in 25 years.

207/8 is the right