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bazaltina [42]
3 years ago
12

A house is purchased for $375000 and has gained 12% for the last 5 years. What is it now ?

Mathematics
1 answer:
Ksenya-84 [330]3 years ago
7 0

Answer:

  $420,000

Step-by-step explanation:

The added percentage can be turned into a multiplier to make the problem easier.

  value + 12%×value = value(1 +0.12) = 1.12×value

  1.12×$375,000 = $420,000

It is $420,000 now.

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