Question:

# A house was valued at 105 000 in the year 1991 The value

Last updated: 1/4/2024

A house was valued at 105 000 in the year 1991 The value appreciated to 170 000 by the year 2005 A What was the annual growth rate between 1991 and 2005 Round the growth rate to 4 decimal places T B What is the correct answer to part A written in percentage form 96 T C Assume that the house value continues to grow by the same percentage What will the value equal in the year 2008 value S Round to the nearest thousand dollars