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A house on the market was valued at $416,000. After several years, the value increased by 7%. By how much did the house's value increase in dollars? What is the current value of the house?
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45 votes
45 votes
A house on the market was valued at $416,000. After several years, the value increased by 7%. By how much did the house's value increase in dollars? What is

the current value of the house?

User Jay Cummins
by
3.2k points

1 Answer

11 votes
11 votes
It increased by $29,120.
The current value is $445,120
User Sean Chou
by
2.7k points
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