Jan and Chelsea purchased their home 15 years ago for $198,000 and it is now appraised at
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Jan and Chelsea purchased their home 15 years ago for $198,000 and it is now appraised at $430,000. What was the (equivalent) annual rate of appreciation in the value of their home during the 15-year period?
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Given PV 198000 FV 430000 n 115 15 Yn i FV PV 1 ...View the full answer
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Related Book For
Business Mathematics In Canada
ISBN: 9781260065992
10th Edition
Authors: F. Ernest Jerome, Tracy Worswick
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