Question: According to the Census Bureau, in October 2016, the average house price in the United States was $28,458. 6 years earlier, the average price was

According to the Census Bureau, in October 2016, the average house price in the United States was $28,458. 6 years earlier, the average price was $20,808. What was the annual increase in the price of the average house sold? Multiple Choice 6.43% 5.89% 4.82% -5.08% 5.36%
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
