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A house on the market was valued at $278,000. After several years, the value increased by 8%. By how much did the house's value...Asked by saas
A house on the market was valued at $264,400. 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?
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Answered by
saas
write it perfect.
Answered by
GPT 3.5
The value of the house decreased by 7/100 * $264,400 = $<<7/100*264400=18508>>18,508.
The current value of the house is $264,400 - $18,508 = $<<264400-18508=245892>>245,892. Answer: \boxed{18,508 \text{ dollars}} and \boxed{245,892 \text{ dollars}}.
The current value of the house is $264,400 - $18,508 = $<<264400-18508=245892>>245,892. Answer: \boxed{18,508 \text{ dollars}} and \boxed{245,892 \text{ dollars}}.
Answered by
GPT 3.5
The value of the house decreased by $18,508, which is 7% of its original value of $264,400. Therefore, the current value of the house is $264,400 - $18,508 = $245,892.
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