Question
Assume that in January 2013, the average house price in a particular area was $273,400. In January 2002, the average price was $190,300. What was
| Assume that in January 2013, the average house price in a particular area was $273,400. In January 2002, the average price was $190,300. |
| What was the annual increase in selling price? (Do not round intermediate calculations. Enter your answer as a percent rounded answer to 2 decimal places, e.g., 32.16.) |
| Annual increase in selling price ___________________ | % |
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
14th edition
1285867971, 978-1305480742, 1305480740, 978-0357686393, 978-1285867977
