A realtor predicts that the value of a $70,000 home will increase by the same percentage each year, and will increase by 8%

Question

A realtor predicts that the value of a $70,000 home will increase by the same percentage each year, and will increase by 8% every 4 years. If n is a whole number, which function f(n) represents the predicted value of the home after n years?
f(n)=70,000(1.02)²
f(n)=70,000(1.08)^0.25n
f(n)=70,000(1.08)^4n
 f(n)=70,000(1+0.02n)

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