The home the Bensons purchased 13 years ago for $85,000 is now appraised at $215,000. What has

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The home the Bensons purchased 13 years ago for $85,000 is now appraised at $215,000. What has been the annual rate of appreciation of the value of their home during the 13-year period?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:35 AM

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The home the Bensons purchased 13 years ago for $85,000 is now appraised at $215,000. What has

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Given PV 85000 FV 215000 n 13 The compound a...View the full answer

Business Mathematics In Canada

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