Amy Lins condominium that she bought in 2016 for $240,000 has gone up in value to $250,000
Question:
Amy Lin’s condominium that she bought in 2016 for $240,000 has gone up in value to $250,000 in 2019.
a. What is the percentage price change of Amy’s condominium from 2016 to 2019?
b. What is the corresponding percentage price change in real terms if the CPI in 2016 and 2019 are 240.01 and 255.66, respectively?
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Related Book For 
Business Statistics Communicating With Numbers
ISBN: 9781260716306
4th Edition
Authors: Sanjiv Jaggia, Alison Kelly
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