A house bought for $175,000 in 2001 was sold for $235,000 in 2013. What was the annual rate of appreciation (increase) in the value of the house. Round to 3 decimals.

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A house bought for $175,000 in 2001 was sold for $235,000 in 2013.  What was the annual rate of appreciation (increase) in the value of the house.  Round to 3 decimals.

Mark M. · Accepted Answer

(235000 - 175000) / (2013 - 2001)    Slope form Algebra 1.

A house bought for $175,000 in 2001 was sold for $235,000 in 2013. What was the annual rate of appreciation (increase) in the value of the house. Round to 3 decimals.

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A house bought for $175,000 in 2001 was sold for $235,000 in 2013. What was the annual rate of appreciation (increase) in the value of the house. Round to 3 decimals.

1 Expert Answer

Still looking for help? Get the right answer, fast.

OR

RELATED TOPICS

RELATED QUESTIONS

Two forces of 55N and 85N act on an object simultaneously and the resultant force is 125N. What is the measurement of the angle between the two forces?

What are the values of all the cube roots (Z = -4v3 - 4i)?

1/x-1/2=2-x/2x

I need help trying to sole tan^2 x =1 where x is more than or equal to 0 but x is less than or equal to pi

how do i solve these?

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