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In October 2012, the average house price in the United States was $223,500. In October 200

In October 2012, the average house price in the United States was $223,500. In October 200

In October 2012, the average house price in the United States was $223,500. In October 2003, the average price was $285,000.

What was the nominal (APR) annual change in the average selling price compounded monthly?

What was the per month rate of change in the average selling price?

What was the effective (EAR) annual rate of change?

Abhinav 03-Dec-2019

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