I believed I solved correctly, but want to get a second opinion.

Question

asked Aug 8, 2023 73.5k views

1 Answer

Teleball · Answer 1 · 2023-08-12T01:11:47+0000

Solution

An increase in value is

$393,000*(8)/(100)=\$31440$

An increase in value is $31440

Current house value = previous + increase = $393, 000 + $31440 = $424, 440