Mike and Beatrice purchase a house for $200,000. If the equation V = 200,000(1.03)x represents the value of the house after x years, how many years will it take the house to be worth approximately $225,000?

Respuesta :

X=((log(225000/200000)/log(1.03))
X=log(225,000÷200,000)÷log(1.03)
X=3.98 years

Answer:4 years


Step-by-step explanation: