How old are all of ya'll?

Profit earned on the house if he sells = $79720

Step-by-step explanation:

Amount paid by Joseph for his home = $105000

His house has increased its property value by 2.0% every year

So, Property cost after 20 years :

Also, Due to renovations and improvements to the house, the property cost is increased by $28700

So, Total cost of the house after 20 years = 156020 + 28700

                                                                      = $184720

So, Profit earned on the house if he sells = 184720 - 105000

                                                                       = $79720