Respuesta :

1383270
$166,890.88 is what it will be worth in 2 years. For each year it appreciates, simply multiply by 1.04. 

Answer:

The house will be worth $166890.88  in 2 years.

Step-by-step explanation:

Formula for growth function:   [tex]A=P(1+r)^t[/tex] , where [tex]P=[/tex] Initial value, [tex]A=[/tex] Final value, [tex]r=[/tex] Rate of growth and [tex]t=[/tex] Time duration.

Here,  [tex]P= \$154300, r=4\% = 0.04[/tex] and [tex]t= 2[/tex] years.

So,

[tex]A= 154300(1+0.04)^2 = 154300(1.04)^2 = 154300(1.0816)=166890.88[/tex]

So, the house will be worth $166890.88  in 2 years.