1.Calculate the annual compound growth rate of the house price since the house was sold (since 2000/$2,500,000) until the house was listed for sale in April 2018, $8,500,000. (Round the number of years to the whole number).

Please show how this was accomplished.

2.Assume that the growth rate you calculated in question #1 prevailed since the home was rented in 1812. Calculate the price of the house in 1812. (Round the number of years to the whole number). (TIP: To get the answer correctly you need to use the price of the house in your calculations in dollars with all zeros).

Please show how this was accomplished.

3.Assume the growth rate that you calculated in #1 prevailed since 1795. Calculate the price of the house in 1795. (TIP: To get the answer correctly you need to use the price of the house in your calculations in dollars with all zeros).

Please show how this was accomplished.

4.Assume that the growth rate you calculated in question #1 remains the same until the Stonewall Jackson Memorial Foundation purchased the home in 1966 andopened it to the public. Calculate the price of the house in 1966. (Round the number of years to the whole number). (TIP: To get the answer correctly you need to use the price of the house in your calculations in dollars with all zeros).

Please show how this was accomplished.

5.The home had been used as a residence until 1966. A foundation purchased the home in 1966 andopened it to the public. Unable to make ends meet, the foundation sold the home in 2000for $2.5 million. Calculate annual compound growth rate The Foundation received.

Please show how this was accomplished.

6.In 2018, the listed price of the house was $8.5 million. In 2019 the price was reduced to $6.5 million. Calculate the compound rate of this reduction in price. (Round the number of years to the whole number).

Please show how this was accomplished..