Between 2000 and 2005,home prices increased an average of ________ per year.

Question

Quizplus · Accepted Answer

The question is asking for the average increase in home prices per year between 2000 and 2005. The correct answer is C) 8% because it is the only option that allows for a significant increase in home prices over the span of five years. A) 2% and B) 4% are too low to result in significant changes in home prices, while D) 12% is too high to be realistic for a five year time period.

Between 2000 and 2005,home Prices Increased an Average of ________