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A house on the market was valued at $365,000. After several years, the value increased by 8%. By how much did the house's value increase in dollars? What is the current value of the house?
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5 votes
A house on the market was valued at $365,000. After several years, the value increased by 8%. By how much did the house's value increase in dollars? What is

the current value of the house?

User Spots
by
8.3k points

1 Answer

5 votes

Answer:

394,200

Explanation:

You have to multiply the house value by 1.08 or 108%

365,000*1.08=394,200

User Lsoliveira
by
8.0k points
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