Question

A house on the market was valued at $418,000. After several years, the value increased by 9 percent. By how much did the house’s value increase in dollars? What is the current value of the house?

Answer 1

$455,620

First you would find 9% of the original price.
418,000x0.09=37,620
Then add that total to the original price.
418,000+37,620=455,620