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24 September, 04:13

A house cost $120,000 when it was purchased. The value of the house increases by 10% each year. What is the rate of growth each month? select the correct answer below.

A) 0.797%

B) 0.00797%

C) 0.833%

D) 0.00833%

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Answers (1)
  1. 24 September, 06:28
    0
    10%

    12 months per year so

    10/12=5/6=0.833333333

    C is answer
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