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anonymous

  • one year ago

What would the formula be for this ? A house cost $120,000 when it was purchased. The value of the house increases by 10% each year. Find the rate of growth each month and select the correct answer below.

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  1. anonymous
    • one year ago
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    could i see the options pls

  2. anonymous
    • one year ago
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    0.797% 0.00797% 0.833% 0.00833%

  3. anonymous
    • one year ago
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    so how many months are there in a year?

  4. anonymous
    • one year ago
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    hello?

  5. anonymous
    • one year ago
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    there are 12

  6. anonymous
    • one year ago
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    so just take 10%/12

  7. anonymous
    • one year ago
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    I get .00833333

  8. anonymous
    • one year ago
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    its 0.833

  9. anonymous
    • one year ago
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    so C

  10. anonymous
    • one year ago
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    I submitted it and it said it was wrong but thanks anyways

  11. anonymous
    • one year ago
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    wait really?! oh sorry

  12. anonymous
    • one year ago
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    wait u marked c not d right?

  13. anonymous
    • one year ago
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    yeah i marked c because before i marked d ._.

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spraguer (Moderator)
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