3 years ago

Your house had a value of $480,000 and increased in value by 3.5%. How much is your house worth now?

Mathematics

1 answer:

Law Incorporation [45]3 years ago

3 0

Answer:

$496,800

Step-by-step explanation:

Present cost = $480,000

%increase = 3.5%

Present price of the house = 480,000 + 3.5% of 480,000

= 480,000 + 0.035 * 480,000

= 480,000 + 16,800

= $496,800

Present price of the house = $496,800

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