SOLUTION: A house was valued at $110,000 in the year 1987. The value appreciated to $170,000 by the year 2004.
A) What was the annual growth rate between 1987 and 2004?
r
=
Round t
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-> SOLUTION: A house was valued at $110,000 in the year 1987. The value appreciated to $170,000 by the year 2004.
A) What was the annual growth rate between 1987 and 2004?
r
=
Round t
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Question 1197915: A house was valued at $110,000 in the year 1987. The value appreciated to $170,000 by the year 2004.
A) What was the annual growth rate between 1987 and 2004?
r
=
Round the growth rate to 4 decimal places.
B) What is the correct answer to part A written in percentage form?
r
=
%.
C) Assume that the house value continues to grow by the same percentage. What will the value equal in the year 2007 ?
value = $
Round to the nearest thousand dollars. Answer by greenestamps(13200) (Show Source):
