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A house was purchased in 2005 for $150,000. It is now valued at $ 235,000. What is the rate (percent) of appreciation for t he house?

A house was purchased in 2005 for $150,000. It is now valued at $ 235,000. What is the rate (percent) of appreciation for t he house?
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A house was purchased in 2005 for $150,000. It is now valued at $ 235,000. What is the rate (percent) of appreciation for t he house?

User Loni
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1 Answer

10 votes
235000-150000/ 150000 x 100= 56.7% ( 1 decimal place)
User FanoFN
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