document.write( "Question 1057712: The value of Peter's house has risen 10% a year for the last 3 years. If the value of Peter's home 3 years ago was $110,000.00, what is the value now? \n" ); document.write( "

Algebra.Com's Answer #672759 by josmiceli(19441) $\"\"$ $\"About$

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Let $\"+V+\"$ = the current value of the house
\n" ); document.write( " $\"+V+=+110000%2A%28+1+%2B+.1+%29%5E3+\"$
\n" ); document.write( " $\"+V+=+110000%2A1.1%5E3+\"$
\n" ); document.write( " $\"+V+=+1.331%2A110000+\"$
\n" ); document.write( " $\"+V+=+146410+\"$
\n" ); document.write( "The current value of the house is $146,410
\n" ); document.write( " \n" ); document.write( "

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