In the year 1970, the median price for a house in Idaho was $54,200. By the year 2000, the median house value had appreciated to $106,300. What was the annual growth rate (r) between 1980 and 2000 (state as a percent rounded to the hundredths of a percent)? Assume that the value continued to grow by the same percentage. What will the median price for a house in Idaho in the year 2020? Round to the nearest hundred dollars. r= 2.27%, $166,600 r= 2.2707%, $166,600 r= 2.27077%, $166,600 r= 2.271%, $166,600

In the year 1970, the median price for a house in Idaho was $54,200. By the year 2000, the median house value had appreciated to $106,300. What was the annual growth rate (r) between 1980 and 2000 (state as a percent rounded to the hundredths of a percent)? Assume that the value continued to grow by the same percentage. What will the median price for a house in Idaho in the year 2020? Round to the nearest hundred dollars. r= 2.27%, $166,600 r= 2.2707%, $166,600 r= 2.27077%, $166,600 r= 2.271%, $166,600

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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