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In January 2023, the average house price in the United States was $348,079. In January 2000, the average price was $200,300. What was the annual
In January 2023, the average house price in the United States was $348,079. In January 2000, the average price was $200,300. What was the annual rate of increase in the average house price over those 23 years? (Hint: Approach the problem as if you bought the average house in January 2000 and sold it in January 2023).
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