SOLUTION: Sue's house is worth 9% more than it was last year. If Sue's house is worth $195,000 this year, how much was it worth last year?

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Question 59627: Sue's house is worth 9% more than it was last year. If Sue's house is worth $195,000 this year, how much was it worth last year?
Answer by funmath(2933) About Me  (Show Source):
You can put this solution on YOUR website!
Sue's house is worth 9% more than it was last year. If Sue's house is worth $195,000 this year, how much was it worth last year?
Let the original worth be:x
Let the increase be: .09x
Original worth + increase=worth now
x+.09x=195,000
1.09x=195,000
1.09x/1.09=195,000/1.09
x=$178,899.08
Happy Calculating!!!