20 years ago the average home sale price in your hometown was $75,351. Today the average price of a house is $244,329. What was the average annual rate of change in the price of houses over this time period? (you should calculate the compound growth rate in this problem).

Round the answer to two decimal places in percentage form

Answer rating: 100% (QA)

Solution we Can use the following formula 817 4 No of years Co... View the full answer