Posted by **Rock** on Tuesday, December 6, 2011 at 9:51pm.

The Mendes family bought a new house 10 years ago for $120,000. The house is now worth $191,000. Assuming a steady rate of growth, what was the yearly rate of appreciation? Round your answer to the nearest tenth of a percent (1.2% etc)

## Answer This Question

## Related Questions

- Alg2 - Can't figure this one out...The Mendes family bought a new house 10 years...
- Algebra 2 CP - The Mendes family bought a new house 11 years ago for $100,000. ...
- math - 5. At 2pm the number of bacteria in a colony was 100, by 4pm it was 4000...
- Algebra II - Growth and Decay Dave bought a new car 8 years ago for $8400. Tobuy...
- math - the formula S=c(1+r)^2 models inflation, where C= the value today, r=the ...
- Math - How much will be the value of a house that was bought 9 years ago? X Y 0 ...
- accounting - You have just purchased a house and have obtained a 30-year, $200,...
- ALGEBRA - 5 YEARS AGO BROUGHT A HOUSE FOR 171,000 WITH A DOWN PAYMENT OF 30,000 ...
- accounting - House mortgage You have just purchased a house and have obtained a...
- Calculous Pre - A population grows from 11,000 to 15,000 in three years. Enter ...

More Related Questions