A family's home is currently worth $1,553,426, which is 70% higher than the home was
1 answer:
Answer:
The value of home when bought was $913,780.
Step-by-step explanation:
Given that:
Current worth of the house = $1,553,426
This is 70% more than the original worth of the house.
Let,
100 be the original percent and x be the original worth
Percent increase = (100+70)% = 170%
170% of x = $1,553,426
1.7x = 1553426
Dividing both sides by 1.7
Hence,
The value of home when bought was $913,780.
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