Hal bought a house in 1995 for $190,000. If the value of the house appreciates at a rate of 4.5 perc

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Hal bought a house in 1995 for $190,000. If the value of the house appreciates at a rate of 4.5 percent per year, how much was the house worth in 2006

Calculate year difference:
Year Difference = End Year - Start Year
Year Difference = 2006 - 1995
Year Difference = 11

Using our appreciation calculator, we get the value of the house in 2006:
$308,342.08