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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

Answer :

Answer:

$19,000

Explanation:

appreciation is the difference between the price at which the house was bought and the price at which the house was sold

$267,000 - $115,000 = $152,000.

Average annual appreciation = $152,000 / 8 =$19,000

Answer:

(C)  y = 115,000(1.05)x

Explanation:

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