Housing Values Are Appreciating at a Rate of 3 Percent

question 120

Multiple Choice

Housing values are appreciating at a rate of 3 percent a year.Approximately how much will your $100,000 house be worth in ten years if this rate of appreciation continues?

• A)$134,390
• B)$146,320
• C)$155,080
• D)$174,410

---

Definitions:

Influencing

The act of affecting or altering the behavior, decisions, or attitudes of others through persuasion, social or media presence, often associated with marketing and social leadership.

Power Elite

A small group of powerful individuals who hold a disproportionate amount of wealth, privilege, and political power.

American Population

The total number of people residing in the United States of America, encompassing a wide diversity of ethnicities, cultures, and races.

Pluralist Model

A system of political power in which a wide variety of individuals and groups have equal access to resources and the mechanisms of power.