Question
20 years ago the average home sale price in your hometown was $75,351. Today the average price of a house is $244,329. What was the
20 years ago the average home sale price in your hometown was $75,351. Today the average price of a house is $244,329. What was the average annual rate of change in the price of houses over this time period? (you should calculate the compound growth rate in this problem).
Round the answer to two decimal places in percentage form
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Solution we Can use the following formula 817 4 No of years Co...
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Business Statistics
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
3rd Edition
978-0321944726, 321925831, 9780321944696, 321944720, 321944690, 978-0321925831
