A three-bedroom house in Burbville was purchased for $210,000. Housing prices are expected to increase 2% annually in that town. Find the price of the house in 5 years. Show your equation (2 points), and then your answer (2 points).
210000 is the total cost and it increases by two percent and its asking how much it will be in 5 years so when you plug in the equation you should get y=231856.97.