1. A house cost $112,000 in 2010. By the year 2015, the house had a value of $132,000. What was the growth rate as a percent for

Question

3 years ago

15

that 5-year period?
Pls help

A. 6.48%

B. 3.34%

C. 5.23%

D. 2.15%

2 answers:

jonny [76] · Answer 1 · 2022-05-29T10:10:43+03:00

Answer:

The growth rate for the period was of 17.86%.

Step-by-step explanation:

To find the growth rate as a percent, we multiply the change by 100, and divide by the initial value.

A house cost $112,000 in 2010. By the year 2015, the house had a value of $132,000.

Change: 132 - 112 = 20

Initial value: 112

Growth rate as a percent:

20*100/112 = 17.86%

The growth rate for the period was of 17.86%.

Gekata [30.6K] · Answer 2 · 2022-05-29T11:48:37+03:00

3 0

Answer:b

Step-by-step explanation: