Question

A home costing 540,000 is worth 588,000 two years later. What is the one year appreciation rate

Answer 1

the answer is 48,000

Explanation:

its simple you just subtract the bigger number to the smaller number

588,000- 540,000

=48,000 (sorry if it wrong i am not exactly sure sorry please forgive me)

Answer 2

A home costing $540,000 is worth $588,000 two years later. What is the one-year appreciation rate? 4.4% is the answer

Explanation: