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:$

1 answer

(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)