Answer:
Current value of house is $106000
Step-by-step explanation:
We are given
A house valued at $100000
gains 6%in value
so,
current value = past house value + gain(%) * (past house value)
past house value =100000
gain(%)=6%
so, we can plug value
Current value is
[tex]=100000+\frac{6}{100}\times 100000[/tex]
[tex]=106000[/tex]
