Question
The value of a house is estimated to be $89,000 t oday. If it has increased in value by 8 percent per year for the
The value of a house is estimated to be $89,000 t
oday. If it has increased in value by 8 percent per
year for the last 10 years, what was
the value 10 years ago? If the house has increased in value by 55
percent over the total 10-year period, what was
the annual percentage increase?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
