Question
According the the U.S. Census Bureau, in 2007 the average price of a new home in the
U.S. was $314,000. By 2008, the price had dropped by 13.1%. What was the average price
of a new home in 2008? (Type you answer below as a whole number)
Could someone please help me find the answer I’m stuck thank you.
U.S. was $314,000. By 2008, the price had dropped by 13.1%. What was the average price
of a new home in 2008? (Type you answer below as a whole number)
Could someone please help me find the answer I’m stuck thank you.
Answers
R_scott
$314000 * (1 - .131) = ?
Emma
Is this correct? 272 866