Question

Need help on Logarithms Algebra 2

Answer 1

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

Answer 2

A. 0.797%

B. 0.00797%

C. 0.833%

D. 0.00833%

Answer 3

isn't that 10%/12?

Answer 4

Thanks