$270,000 $250,000
$230,000
$210,000
$190,000
$170,000
$150,000
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
You have learned that calculating relative change of a quantity gives you the percentage increase or decrease. Use the Median New House Cost graph to estimate the
percentage increase in new housing prices from 1999 to 2007. (Choose the best answer.)
O The prices increased from around $160.000 to around $220,000, about a 38%
increase.
The prices increased from around $160,000 to around $220,000, about a 35%
increase.
The prices increased from around $160,000 to around $245,000, about a 65%
increase.
The prices increased from around $160,000 to around $245.000 about a 53%
increase