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real estate julie bought a house for $100,00 five years ago. if the value of the house has appreciated 5% per year , how much is it worth

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Respuesta :

tgpatterson02
To find the answer, turn the appreciated percent into a decimal:

5% ----> .05 (Divide by 100)

Then multiply it by the total value:

100,000 x .05 = 5000

Then add that to the total:

105,000

So the house is worth a total of $105,000.

Hope this helps!

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