Question
Ami bought a house 5 years ago for $200,000. Today the house is worth $338,155. Estimate the annual rate of increase of the value
Ami bought a house 5 years ago for $200,000. Today the house is worth $338,155. Estimate the annual rate of increase of the value of the house using the formula A = P(1+i)". Round answer as a percent to a whole number (for example, if the answer is 9.21345%, enter 9 as your answer).
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