The value of a building is rising by $10,000 per year. If it is worth $200,000 today, what will it be worth in 3 years?
Question
The value of a building is rising by 200,000 today, what will it be worth in 3 years?
Solution
The value of the building is increasing by 200,000 + 210,000.
In two years, the building will be worth 10,000 = $220,000.
In three years, the building will be worth 10,000 = $230,000.
So, the building will be worth $230,000 in 3 years.
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