travisfeliciona
Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

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

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.