A house is worth $156,000 in 2015. In 2017, it is worth $192,000. What is the rate of change?

Question

asked Mar 25, 2022 92.6k views

1 Answer

Csuo · Answer 1 · 2022-03-29T01:04:52+0000

Answer:

$18,000

Explanation:

Difference in the years is 192000-156000= 36000

To find rate of change, divide the difference by amount of years in difference.

36000/2017-2015

36000/2

Hence, $18000 per year

Hope it helps!