A house was valued at 120 000 in the year 1985 The value

Last updated: 2/21/2023

A house was valued at 120 000 in the year 1985 The value appreciated to 145 000 by the year 2003 A What was the annual growth rate between 1985 and 2003 Round the growth rate to 4 decimal places B What is the correct answer to part A written in percentage form 96 C Assume that the house value continues to grow by the same percentage What will the value equal in the year 2006 value Round to the nearest thousand dollars