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A Financial Adviser is someone whose job it is to calculate inflation rates of homes. The inflation rate ( expression in decimal form ) of

A Financial Adviser is someone whose job it is to calculate inflation rates of homes. The inflation rate (expression in decimal form) of a home that increased or decreased in price from
(original purchase price) to
(selling price) over
years, can be calculated using the formula:
.
The house pictured above was recently sold in Oviedo, Fl. The couple living there bought the home when it was first built in 1989 for $89,100. Twenty-nine years later, they sold their house for $285,000. Using this information, calculate the inflation-rate of this home. Represent your answer as a percentage with 2 decimal places.
*Example: If your solution is
, you would multiply by 100 to convert your answer into a percent
. Enter your response as a numerical value such as 13.48, do not include the %

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