travisfeliciona
Answered

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A house on the market was valued at $364,000. After several years, the value decreased by 7%. By how much did the house's value decrease in dollars? What
is the current value of the house?
Decrease in value
Current house value

Sagot :

Answer:

Decrease in value = $25,480

Current house value = $338,520

Step-by-step explanation:

First of all, we have to find 7% of $364,000.

To do this we can multiply 364,000 by 7, and then divide the result by 100 (because percentages are pretty much fractions with a denominator of 100).

364,000 × 7 = 2,548,000

2,548,000 ÷ 100 = $25,480 (This is how much the value decreased in dollars)

To find the current house value, you just subtract the value decreased ($25,480) from the original value ($364,000).

364,000 - 25,480 = $338,520

There are other ways to do this, that are easier in other circumstances, but I think this is simplest <3

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