To find that you first need to find what 9% is. You can multiply the number, 2,860 by .09 to find out your answer. That should be equal to 257.40. Since you now have that number, you can multiply it by 36. 257.40 is your average per month and you want to know by 3 years. So then your next step is 257.4*36 (there is 36 months in 3 years) which should be equal to 9,266.40.
fifty five hundredths is equal to 0.55
Answer:
20 homes
Step-by-step explanation:
Given that :
Total number of homes = 800
Average years at which homes are listed = 8 years
To obtain the annual home listing = total number of Homes / average years
Annual home listing = 800 / 8
Annual home listing = 100 homes
If 20% of the homes are listed on the year in question :
20% of 100 homes
0.2 * 100
= 20 homes
20 homes can be listed that year