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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 p1(original purchase price) to p2(selling price) over n years, can be calculated using the formula:
i=(p2p1)1n-1
The house pictured above was recently sold in Oviedo, FI. The couple living there bought the home when it was first built in 1989 for $89,100. Twenty-nine y 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 decin places.
"Example: If your solution is 0,1348dots you would multiply by 100 to convert your answer into a percent 13.48%. Enter your response as a numerical value s as 13.48, do not include the % symbol.
Type your answer.:.
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