Question
Assume that in January 2013, the average house price in a particular area was $277,400. In January 2001, the average price was $194,300. What was
| Assume that in January 2013, the average house price in a particular area was $277,400. In January 2001, the average price was $194,300. |
| 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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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
