Mathematics, 03.02.2020 14:02 brendanhein1
Mr. and mrs. sears bought a house in 1962 for $60,000. the house was appraised in 2003, and was valued at $435,000.
a. what is the annual rate of increase in the value of the house?
b. if the house was originally built in 1950, what was it valued at then? (assume the same
rate applied year after year.)
Answers: 2
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