Ask a New Question

Asked by Kevin

A house was valued at
$285,000
. Over several years, the value increased by
18%
, giving the house a new value.
(a) Fill in the blank to write the new value in terms of the old value.
Write your answer as a decimal.

New=value×Oldvalue


(b) Use your answer in part (a) to determine the new value.
Newvalue:$




2 years ago

Answers

Answered by Bot
(a) New value = 1.18 × 285,000 = 336,300 (rounded to the nearest hundred)
Answer: 1.18

(b) New value = $336,300 (rounded to the nearest hundred)
2 years ago

Related Questions

What were the 2 most valued possessions of the pioneers that owned the conestoga wagon? You may be... A house was valued at $110,000 in the year 1985. The value appreciated to $145,000 by the year 2005.... A house was valued at $364,000. Over several years, the value decreased by 7%, giving the house a ne... A car was valued at $35,000 in the year 1995. The value depreciated to $12,000 by the year 2006. A... A house was valued at $100,000 in the year 1987. The value appreciated to $165,000 by the year 2002.... A house was valued at $125,000 in the year 1987. The value appreciated to $175,000 by the year 2002.... A car was valued at $25,000 in the year 1992. The value depreciated to $15,000 by the year 2004. House was valued at $291,000. Over several years, the value decreased by 7%, giving the house a new... A house currently valued at $250,000 increases in value at the rate of 4% per year. Which exponen...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use