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?

Answers

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}}.
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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