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Land Acreage with an Original Value of $44,000 Increases in Value

Question 7

Multiple Choice

Land acreage with an original value of $44,000 increases in value to $55,000 in 7 years.
a) Find the increase in the value of the land.
b) What is the ratio of the increase in value to the original value of the land?


A) a) $11,000; b) 41\frac { 4 } { 1 }
B) a) $99,000; b) 14\frac { 1 } { 4 }
C) a) $11,000; b) 14\frac { 1 } { 4 }
D) a) $99,000; b) 41\frac { 4 } { 1 }
E) a) $11,000; b) 18\frac { 1 } { 8 }

Correct Answer:

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