According to the Census Bureau, in October 2019, the average house price in the United States was $368,600. In October 2000, the average price was $197,700. What was the annual increase in the price of the average house sold? (Do not round intermediate calculations and enter your answer as a percent rounded answer to 2 decimal places, e.g., 32.16.) Annual increase in selling price
According to the Census Bureau, in October 2019, the average house price in the United States was $368,600. In October 2000, the average price was $197,700. What was the annual increase in the price of the average house sold? (Do not round intermediate calculations and enter your answer as a percent rounded answer to 2 decimal places, e.g., 32.16.) Annual increase in selling price
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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![According to the Census Bureau, in October 2019, the average house price in the United States was $368,600. In October 2000, the average price was $197,700. What was the annual increase in the price of the average house sold? **(Do not round intermediate calculations and enter your answer as a percent rounded answer to 2 decimal places, e.g., 32.16.)**
Annual increase in selling price: [textbox] %](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0505985e-243e-4b9e-b7a6-bbe3450b2962%2F2ce9948a-7b73-443c-b19c-3466a7b79c43%2Fbwmgius_processed.jpeg&w=3840&q=75)
Transcribed Image Text:According to the Census Bureau, in October 2019, the average house price in the United States was $368,600. In October 2000, the average price was $197,700. What was the annual increase in the price of the average house sold? **(Do not round intermediate calculations and enter your answer as a percent rounded answer to 2 decimal places, e.g., 32.16.)**
Annual increase in selling price: [textbox] %
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