jhart4356 jhart4356

Today at 8:14 AM
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According to the Census Bureau, in October 2016, the average house price in the United States was $27,358. 6 years earlier, the average price was $21,908. What was the annual increase in the price of the average house sold

Answer :

andromache andromache

Today at 8:19 AM

Answer:

$908.33

Explanation:

The computation is shown below:

Given that

Average house price in the united states = $27,358

Before 6 years, the average price is $21,908

So, the annual increase in the price is

= (Average house price in the united states - Before 6 years, the average price ) ÷ time period

= ($27,358 - $21,908) ÷ 6 years

= $908.33

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