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19 October, 10:49

A house on the market was valued at $278,000. After several years, the value decreased by 9% By how much did the house's value decrease in dollars? What is the current value of the house?

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  1. 19 October, 12:18
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    Answer: 96
  2. 19 October, 14:47
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    House value=278000$

    Decrease of 9%=0.09

    1. Value decrease: 278000$x0.09%=25020$

    The house decreased by 25020$.

    2. Current value of the house: 278000$-25020$=252980$

    The current value of the house is 252980$.
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