Mathematics, 01.04.2021 01:47
The home pictured above was recently sold in Oviedo, Fl. The couple living there bought the home when it was first built in 1989 for $89,100. Twenty-nine years later, they re finally selling their property and are asking for $285,000. Using this information, I d like you to calculate the inflation-rate of this home. Represent your answer as a percentage with 2 decimal places.