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Author Question: The Feldmans bought their first house for Over the years they moved three times ... (Read 82 times)

gonzo233

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Question 1

Solve the problem.

Tracey bought a diamond ring appraised at $2000 at an antique store. If diamonds have appreciated in value at an annual rate of what was the value of the ring 5 years ago? (Round your answer to the nearest dollar.)
◦ $3525
◦ $602
◦ $1098
◦ $1135

Question 2

Solve the problem.

The Feldmans bought their first house for Over the years they moved three times into bigger and bigger houses. Now, 45 years later, they are ready to retire and want a smaller house like the first one they bought. If inflation in property values has averaged per year during that time, how much will such a house cost them now? (Round your answer to the nearest dollar.)
◦ $56,420
◦ $58,142
◦ $2081
◦ $2145


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Marked as best answer by gonzo233 on Feb 28, 2021

smrerig

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gonzo233

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Reply 2 on: Feb 28, 2021
Excellent


connor417

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Reply 3 on: Yesterday
:D TYSM

 

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