Answer:
$148,569.12
Step-by-step explanation:
The computation of the value of the house would be in 3 years is
As we know that
Future = Present value × (1 + interest rate)^number of years
= $140,000 × (1 + 0.02)^3
= $140,000 × 1.061208
= $148,569.12
Basically, we applied the future value by applying the initial value or present value, rate of interest and the time period
