6. Eight years ago you bought your house for $115,000.  You just sold it for $267,000.  What was the average annual appreciation of your home?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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6. Eight years ago you bought your house for $115,000.  You just sold it for $267,000.  What was the average annual appreciation of your home?

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