Answer:
230,000 at the start of 2017
Step-by-step explanation:
So, first find out what 5% of 200,000 is:
(200,000/100) x 5 = 2000 x 5 = 10,000
If the houses value increases by the above value for 3 years, do this:
10,000 x 3 = 30,000
Add this to the original value of the house:
200,000 + 30,000 = 230,000
