Asked by ariana

if my house is worth 425,000 and it appreciates 7% annually, after 12 years how much is it worth?

would it be 425,000 x .07 x 12?
so $357,000 appreciation in 12 years?
Thanks
Answered by R_scott
the appreciations appreciate along with the original value

425000 (1 + .07)^12
There are no AI answers yet. The ability to request AI answers is coming soon!