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28 May, 07:12

The house on the market was valued at $315,000. After several years the value increased by 9%. How much did the house is value increase in dollars? What is the current value of the house?

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  1. 28 May, 07:30
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    Answer: the current value of the house is $343350

    Step-by-step explanation:

    The initial value of the house on the market was $315,000.

    After several years the value increased by 9%. This means that the amount by which the value of the house increased over the years would be

    9/100 * 315000 = 0.09 * 315000 = $28350

    The current value of the house would be the sum of the previous value of the house and the increase in value. It becomes

    315000 + 28350 = $343350
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