A house was valued at $100,000 in the year 1989.  The value appreciated to $165,000 by the year 2001. A.  What as the annual growth rate between 1989 and 2001? 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 2005? value = $ _____________ round to the nearest thousand dollars.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter6: Exponential Functions And Sequences
Section6.2: Radical And Rational Exponents
Problem 42E
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A house was valued at $100,000 in the year 1989.  The value appreciated to $165,000 by the year 2001.

A.  What as the annual growth rate between 1989 and 2001?

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 2005?

value = $ _____________ round to the nearest thousand dollars.

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