Ahouse was purchased for $300,000 in 2000. if the value of the house increases 5% each year, which equation models the value of the house, c , in the year 2050?

Equation that models the value of house in 2050 is

Step-by-step explanation:

Since we have given that

Original price of the house in 2000 = $300,000

Rate of growth = 5%

Number of years = 50

So, we will use "Compound interest " to find the number of population in 2050.

So, it becomes,

So, equation that models the value of house in 2050 is

the correct answer is the second option