Mathematics, 27.06.2019 04:20 thegurl41
Ahouse was valued at $100,000 in the year 1987. the value appreciated to $165,000 by the year 2002.
use the compound interest form s=p(1+r)^t to answer the following questions.
a) what was the annual growth rate between 1987 and 2002? (round to 4 decimal places.)
b) what is the correct answer to part a written in percentage form?
c) assume that the house value continues to grow by the same percentage. what will the value equal in the year 2005? (round to the nearest thousand dollars.)
asap i need an answer by ! : (
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Ahouse was valued at $100,000 in the year 1987. the value appreciated to $165,000 by the year 2002....
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