A house was valued at $120,000 in the year 1991. The value appreciated to $160,000 by the year 2003. A) If the value is growing exponentially, what was the annual growth rate between 1991 and 2003? r= Round the growth rate to 4 decimal places. B) What is the correct answer to part A written in percentage form? r=  C) Assume that the house value continues to grow by the same percentage. What will the value equal in the year 2007 ? value = $ Round to the nearest thousand dollars.

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