SOLUTION: The average sale of a house decreased from $317,000 in February, 2008 to $171,000 in February 2013. What is the absolute and the relative change?
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Question 1036300: The average sale of a house decreased from $317,000 in February, 2008 to $171,000 in February 2013. What is the absolute and the relative change?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
The absolute amount of change is minus $146,000.
The relative amount of change is minus 46.1%,decrease over the original amount.
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