The house's value increased by $49,970. The current value of the house is $312,970.
Step-by-step explanation:
Step 1:
The house was valued at $263,000 and this value increased by 19%. So we need to calculate how much 19% of $263,000 is.
To do so we convert the 19% into a fraction by dividing it by 100 and multiplying it with the house's value.
19% of $263,000 = ![\frac{19}{100} (263,000) = 0.19(263,000)=49,970.](https://tex.z-dn.net/?f=%5Cfrac%7B19%7D%7B100%7D%20%28263%2C000%29%20%3D%200.19%28263%2C000%29%3D49%2C970.)
So the value of the house increased by $49,970 in several years.
Step 2:
To calculate the current value, we add the increased value to the original value.
The current value = the past value + The increased value,
The current value ![=263,000 + 49,970 = 312,970.](https://tex.z-dn.net/?f=%3D263%2C000%20%2B%2049%2C970%20%3D%20312%2C970.)
So the current value of the house is $312,970.
Answer:
$12.69
Step-by-step explanation:
3 times 4.23=12.96
Answer:
2
Step-by-step explanation: