HELP: The housing market in Dallas, Texas, experienced a 9.8% increase in the past year. If the median home price was $96,812 on
e year ago, what is the current median home price? Round your answer to the nearest dollar.
1 answer:
1st step: find what is 9.8% of $96,812
9.8% = .098
(.098)(96,812)
= 9,487.576
2nd step: Add 96,812 and the result of the last step.
96,812 + 9,487.576
= 106,299.576
This rounded to the nearest dollar then equals 106,300 dollars
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