In 2005 a house was purchased for $280,000 and in 2013 it was sold at $334,000. Assuming

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In 2005 a house was purchased for $280,000 and in 2013 it was sold at $334,000. Assuming that the value of the house increased at a constant annual rate what will be the price of the house in the year 2018?

A) $354,250
B) $361,000
C) $367,750
D) $374,500

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In 2005 a house was purchased for $280,000 and in 2013 it was sold at $334,000. Assuming

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C Average rate of change in the pr...View the full answer

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