1). According to the Census Bureau, in October 2016, the average house price in the United States was $27,358. 5 years earlier, the average price was $22,408. What was the annual increase in the price of the average house sold?

A. -3.91%

B. 4.89%

C. 4.48%

D. 4.07%

E. 3.67%

2). You're trying to save to buy a new $200,000 Ferrari. You have $47,000 today that can be invested at your bank. The bank pays 6.0 percent annual interest on its accounts. How long will it be before you have enough to buy the car?

A. 25.10 years

B. 25.35 years

C. 24.60 years

D. 24.85 years

E. 22.85 years