Ahouse cost $120,000 when it was purchased. the value of the house increases by 10% each year. find the rate of growth each month and select the correct answer below. a. 0.797% b. 0.00797% c. 0.833% d. 0.00833%

For an increase rate of 10% each year
Each year has 12 months
Therefore; 10% is the rate for 1 year which is equivalent to 12 months
Thus; 1 month = 10/12 = 5/6 = 0.8333 %
Hence the rate of growth each month is 0.833%

Mg is used to measure mass