3 years ago

A house purchased for $230,000 has lost 6% of its value each year for the last four years. What is the house worth now?

1 answer:

3 0

You can use the compound growth to work this out,

Firstly you need to make a multiplier for -6%;
1-(6/100) = 0.94

The you times the amount of money by 0.94 to the power of 4 because you are working out 4 years:
230000*0.94^4 = 179527.26

The answer is $179527.26,
Hope this helps! :)

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Jose has 3/5 kilogram of peppermints and 2/3 kilogram of candy canes. How many kilograms of candy does he have?

Vlada [557]

Answer:

The easiest way to do this is to multiply the denominators by each other.

5*3=15

Now, all we have to do is multiply the numerators by what we multiplied the denominators by, to make it equal.

3*3=9

2*5=10

Now all we have to do is add.

9/15+10/15=19/15 or 1 and 4/15.

Hope this helps!