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# At the start of 2014 Tim's house was worth £ 100 000 The value of the house increased by 10% every year. Work out the value of his house at the start of 2018?

The Aslam Way - Make Math Simple Calculator method 100% value = 100 000 Percentage increase = 10% So 100 + 10 = 110% Change to decimal 110% = 1.1 2014 to 2018 is a 4 year period So take your 100% value and multiply it by your 1.1 for each year so: 100 000 x 1.1^4 = 146 410 Non calculator method Year 1: 10% of 100 000 = 10 000 100 000 + 10 000 = 110 000 Year 2: 10% of 110 000 = 11 000 110 000 + 11 000 = 121 000 Year 3: 10% of 121 000 = 12 100 121 000 + 12 100 = 133 100 Year 4:  Rizzy Aslam
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889 students helped

Hey Chloe, To start this off, we can write 10% as 0.1. To find the increase of the value after one year you would do £100000 × 1.1. Therefore if we want 4 years we would do £100000 × 1.1^4  ·

330 students helped

Hey Chloe, To start this off, we can write 10% as 0.1. To find the increase of the value after one year you would do £100000 × 1.1. Therefore if we want 4 years we would do £100000 × 1.1^4  ·

330 students helped

Maths

6(1/2)^n-1

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