In the year 1985, a house was valued at $108,000. By the year 2005, the value had appreciated to $146,000. What was the annualgrowth rate between 1985 and 2005? Assume that the value continued to grow by the same percentage. What was the value of the housein the year 2010?Round your answers to two decimal places.The annual growth rate between 1985 and 2005 isThe value of the house in the year 2010 is%.

GIven that The value of House in 1995 is $108,000. The Value of house on 2005 should be $146,000.…

Answered: In the year 1985, a house wa growth…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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In the year 1985, a house wa growth rate between 1985 an in the year 2010? Round your answers to two The annual growth rate betw The value of the house in the