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A house was valued at $95,000 in the year 1990
A house was valued at $95,000 in the year 1990. The value appreciated to $170,000 by the year 2006.
A) What was the annual growth rate between 1990 and 2006?
round the growth rate to the nearest 4 decimal places
r=_______
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 2009?
round the nearest thousand
$________
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