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Solve the Problem. -In 1984, the Average Selling Price of an Existing Single

Question 62

Multiple Choice

Solve the problem.
-In 1984, the average selling price of an existing single family home in Anytown, USA, was $69,636. Between 1984 and 1993, the average price increased by 7%. Between 1993 and 1999, the average price increased again,
This time by 9%. What was the median house price in Anytown in 1999?


A) $812,164,668.00
B) $81,216.47
C) $438.71
D) $74,510.52

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