A house on the market was valued at 389,000. After several years, the value decreased by 7%. By how much did the house value dec

Question

2 years ago

14

reased in the dollars? What is the current value of the house?

1 answer:

Fofino [41] · Answer 1 · 2023-01-31T12:25:50+03:00

7 0

Answer:

The decrease in the house value was $27,230

The current value is ($389,000 - $27,230), or $361.770

Step-by-step explanation:

The decrease was 7%. In dollars, that comes to 0.07($389,000), or $27,230: The decrease in the house value was $27,230.