A house sells for $81528 at the end of 2010 and for $161637 at the end of 2017. If the market value increased linearly from 2010 through 2017, what was the annual rate of change of the market value?
A house sells for $81528 at the end of 2010 and for $161637 at the end of 2017. If the market value increased linearly from 2010 through 2017, what was the annual rate of change of the market value?
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.S: Summary
Problem 8S: What interest rate would you need to get to double an investment of 200 in eight years?
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A house sells for $81528 at the end of 2010 and for $161637 at the end of 2017.
If the market value increased linearly from 2010 through 2017, what was the annual rate of change of the market value?
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