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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 22
Solve the following increase or decrease problems for the unknown. Round decimals to hundredths and percents to the nearest tenth.
Housing prices in the Brighton area of Webster County have increased 37.5% over the price of houses five years ago.
a. If $160,000 was the average price of a house five years ago, what is the average price of a house today?
b. Economists predict that next year housing prices will drop by 4% in this area. Based on your answer from part a , what will the average price of a house be next year?
Housing prices in the Brighton area of Webster County have increased 37.5% over the price of houses five years ago.
a. If $160,000 was the average price of a house five years ago, what is the average price of a house today?
b. Economists predict that next year housing prices will drop by 4% in this area. Based on your answer from part a , what will the average price of a house be next year?
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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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