mitharshanvikash mitharshanvikash
  • 13-01-2024
  • Mathematics
contestada

A new house was purchased for $605000. after 3 years, it's market value had increase by 28%. What is the new market value if the house?

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sqdancefan
sqdancefan sqdancefan
  • 13-01-2024

Answer:

  $774400

Step-by-step explanation:

You want the value that is 28% more than $605,000.

Percent

To add 28% to the number, we can formulate the problem different ways:

  $605000 + 28% × $605000

  = $605000 × (100% +28%)

  = $605000 × 1.28 = $774400

The new market value of the house is $774400.

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