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Sagot :
The worth of the Aria's house, when she sold her house after eleven years, is $95300 to the nearest a hundred dollars.
What is percentage increase?
Percentage increase is the amount added to the initial value of a product in the percentage part.
The percentage increase over a year can be found out using the compound interest formula,
[tex]A=P(1+\dfrac{r}{100})^n[/tex]
Here, (A) is the final amount (P) is the principal amount, (r) is the rate and n is the time period.
Aria paid $75,000 for her house. its property value increased by 2.2% per year. The time period is 11 years. Put these values in the above formula as,
[tex]A=75000(1+\dfrac{2.2}{100})^{11}\\A=95284.3[/tex]
To the nearest, a hundred dollars,
[tex]A=95300[/tex]
The worth of the Aria's house, when she sold her house after eleven years, is $95300 to the nearest a hundred dollars.
Learn more about the percentage increase here;
https://brainly.com/question/22444616
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