11. House Prices In 1985, the median selling price of an existing single-family home in Atlanta, Georgia, was
$66,200. Between 1985 and 1990, the average price in-
creased by 30%. Between 1990 and 2005, the average
price increased again, this time by 15%. What was the
median house price in Atlanta in 2005? -

Step-by-step explanation:

$66,200  - the median selling price of a home in 1985

and the price increased by 30%:

66,200•30% = 66,200•0.3 = 19,860

66,200 + 19,860 = 86,060

$86,060 - the median selling price of a home in 1990

and the price increased by 15%

86,060•15% = 86,060•0.15 = 12,909

86,060 + 12,909 = 98,969

$98,969  - the median house price in Atlanta in 2005

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step-by-step explanation: