What is the percent increase for a house that sells for $60,000 and then later for $72,346? Estimate the answer and briefly describe how you determined the estimate. Using compatible numbers,  12,000/60,000= 20%

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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What is the percent increase for a house that sells for $60,000 and then later for $72,346?
Estimate the answer and briefly describe how you determined the estimate.
Using compatible numbers, 
12,000/60,000= 20%
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