A house was valued at $95,000 in the year 1989. The value appreciated to $155,000 by the year 2002. A) If the value is growing exponentially, what was the annual growth rate between 1989 and 2002? T= 0.0384 0 Round the growth rate to 4 decimal places. B) What is the correct answer to part A written in percentage form? T= 3.84 OF %. C) Assume that the house value continues to grow by the same percentage. What will the value equal in the year 2005? value = $ Round to the nearest thousand dollars. Question Help: Video 1 Video 2 Submit Question

Q: house was valued at $95,000 in the year 1987. The value appreciated to $160,000 by the year 2006.…

A:

Q: A house was valued at $110,000 in the year 1991. The value appreciated to $150,000 by the year 2006.…

A: Given: house value in year 1991 was $110000, and house value in year 2006 was $150000. A) To find…

Q: Find the interest rate required for an investment of$5000 to grow to $7500 in 5 years if interest is…

A: Given the principle of investment (P) =$5000 , amount after 5 years (A)=$7500 and time duration…

Q: Suppose you have $2700 in your savings account at the end of a certain period of time. You invested…

A: Given: Principal amount P= $2000 Future value A= $2700  Rate r= 7.47 % annually To find time t (…

Q: 4. The sales, in millions of pesos, of a certain company are shown in the table below. Year 1 2 4 7…

A:

Q: Suppose that a sum of money is invested at an annual interest rate of 4%. Determine the time, in…

A:

Q: A company's total sales (in millions of dollars) t months from now are given by S(t) = 0.03³ +0.5t²…

A:

Q: Enrollment at my college is increasing at a rate of 42% per decade. What is the yearly percentage…

A: We know that 1 decade = 10 years.