Answer:
The cost of the house after 3 years is $218,545.40
Step-by-step explanation:
To find the value of this house after 3 years, multiply the cost by 1.03 three times. This will give you a 3% increase.
200,000 * 1.03 = 206,000
206,000 * 1.03 = 212,180
212,180 * 1.03 = 218,545.40
