Question

[Market] Between May-2021 and May-2022, the Case-Shiller Home Price Index (HPI) for Miami rose from 294.93 (original value) to 394.94 (new value). Using the index values and the method we learned in the Ch 1 notes, by what percentage did home values rise in Miami? Hints: • Remember to multiply a decimal value by 100 to get a percentage. • To avoid confusion, it might help to set your calculator to display four decimal places. (Input your answer as a percentage rounded to the nearest tenth. Exclude the % sign, e.g., 12.5% is input as 12.5 not 0.125)

          [Market] Between May-2021 and May-2022, the Case-Shiller Home Price Index (HPI) for
Miami rose from 294.93 (original value) to 394.94 (new value).
Using the index values and the method we learned in the Ch 1 notes, by what percentage did
home values rise in Miami?
Hints:
• Remember to multiply a decimal value by 100 to get a percentage.
• To avoid confusion, it might help to set your calculator to display four decimal places.
(Input your answer as a percentage rounded to the nearest tenth. Exclude the % sign, e.g.,
12.5% is input as 12.5 not 0.125)

[Market] Between May-2021 and May-2022, the Case-Shiller Home Price Index (HPI) for
Miami rose from 294.93 (original value) to 394.94 (new value).
Using the index values and the method we learned in the Ch 1 notes, by what percentage did
home values rise in Miami?
Hints:
• Remember to multiply a decimal value by 100 to get a percentage.
• To avoid confusion, it might help to set your calculator to display four decimal places.
(Input your answer as a percentage rounded to the nearest tenth. Exclude the % sign, e.g.,
12.5% is input as 12.5 not 0.125)

Added by Amy G.

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