In the year 1970, the median price for a house in Idaho was $54,200. By the year 2000, the median house value had appreciated to $106,300. What was the annual growth rate (r) between 1980 and 2000 (state as a percent rounded to the hundredths of a percent)? Assume that the value continued to grow by the same percentage. What will the median price for a house in Idaho in the year 2020? Round to the nearest hundred dollars. r= 2.27%, $166,600 r= 2.2707%, $166,600 r= 2.27077%, $166,600 r= 2.271%, $166,600
In the year 1970, the median price for a house in Idaho was $54,200. By the year 2000, the median house value had appreciated to $106,300. What was the annual growth rate (r) between 1980 and 2000 (state as a percent rounded to the hundredths of a percent)? Assume that the value continued to grow by the same percentage. What will the median price for a house in Idaho in the year 2020? Round to the nearest hundred dollars. r= 2.27%, $166,600 r= 2.2707%, $166,600 r= 2.27077%, $166,600 r= 2.271%, $166,600
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 6P
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning