QuestionBen wants to buy a house for \$168,000. If it appreciates 1% annually, what will it be worth in 6 years? Round to the nearest dollar.

Studdy Solution
Calculate the future value of the house.
$$Future\, value = \$168,000 \\times1.061 = \$178,328$$Remember to round the future value to the nearest whole dollar.
The approximate value of the house six years from now will be $178,328.