damerensw damerensw
  • 10-07-2017
  • Mathematics
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The Mendes family bought a new house 9 years ago for $108,000. The house is now worth $165,000. Assuming a steady rate of growth, what was the yearly rate of appreciation? Round your answer to the nearest tenth of a percent (1.2% etc)

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1102714 1102714
  • 10-07-2017
the yearly rate of appreciation is 6,333.3%

(I'm pretty sure I did that right) 
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