Building Value
1. **State the problem:** We want to find the value of a building at the end of 2010 given that its value increases by 3% each year. The initial value at the beginning of 2004 is 45000 Omani rials.
2. **Understand the growth:** Each year, the building's value increases by 3%, so it is multiplied by $1.03$.
3. **Calculate the number of years:** From the beginning of 2004 to the end of 2010 is 7 years (2004 to 2010 inclusive).
4. **Apply the growth formula:**
$$\text{Value at end of 2010} = 45000 \times (1.03)^7$$
5. **Calculate:**
$$ (1.03)^7 = 1.03 \times 1.03 \times 1.03 \times 1.03 \times 1.03 \times 1.03 \times 1.03 \approx 1.22504$$
6. **Final value:**
$$45000 \times 1.22504 \approx 55126.8$$
7. **Round to nearest 100:**
$$55126.8 \approx 55100$$
**Answer:** The estimated value of the building at the end of 2010 is 55100 Omani rials.