SOLUTION: Perry just learned that his house increased in value by 4% over the past year. The value of the house is now 208,000. What was the value of the house a year ago?
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Question 1126622: Perry just learned that his house increased in value by 4% over the past year. The value of the house is now 208,000. What was the value of the house a year ago?
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
x + 0.04x = 208,000
1.04x = 208,000
x = 208,000/1.04 use your calculator
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