Over time the value at property on 397 west lake street increased by 275. if the initial value of the property was p which expression represents the property current value? a) 375p b) 275p c) 3.75p d) 2.75p

Third option is correct.

Step-by-step explanation:

Since we have given that

Initial value of the property = P

Rate of growth = 275%

So, we need to find the property's current value:

We will use "compound interest ":

answer is:

1.75 pounds