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A House Valued at $65,000 in 1989 Increased in Value

Question 86

Short Answer

A house valued at $65,000 in 1989 increased in value to $105,000 in 2004
A) What was the absolute change in value?
B) What was the percent change over the 15 years?
Round to 2 decimal places, if necessary.

Correct Answer:

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A. $ 40,00...

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