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7nadin3 [17]
2 years ago
11

A house was originally listed for sale at $250,000. After 3 months, the seller dropped the price to $235,000. What was the perce

nt of decrease in the price?
A: 6%
B: 9.2%
C: 15%
D: 94%
Mathematics
2 answers:
Blizzard [7]2 years ago
5 0

Answer:

6%

Step-by-step explanation:

:)

PSYCHO15rus [73]2 years ago
4 0
Ans = A: 6%

250000-235000 = 15000
15000/25000 x 100% = 6%
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4 0
2 years ago
Please explain every step
pogonyaev
<h3>Answer:</h3>

761680

<h3>Explanation:</h3>

\sf \boxed{\sum _{n=1}^{44}\:60\left(1.2\right)^{n-2}}

<u>Identify the following's</u>:

First Term [a]  =  60(1.2)ⁿ⁻² = 60(1.2)¹⁻² = 50

Common ratio [r]  =  1.2

Total Terms [n] =  44

===========================

\sf Geometric \ Sum \ of  \ Terms = \dfrac{a(r^n - 1)}{r-1}

===========================

Solving Steps:

<em />\rightarrow \sf \dfrac{a(r^n - 1)}{r-1}<em />

<em />

<em />\rightarrow \sf \dfrac{50(1.2^{44} - 1)}{1.2-1}<em />

<em />

<em />\rightarrow \sf 761679.5808<em />

<em />

\rightarrow \sf 761680 \ \ \  (rounded \ to \ nearest \ integer)

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2 years ago
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