Multiple Choice
Use an equation to solve the problem. The average price of homes in one neighborhood decreased 8% since last year, a drop of $7,400. What was the average price of a home last year?
A) $89,500
B) $90,500
C) $93,500
D) $92,500
E) $88,500
Correct Answer:

Verified
Correct Answer:
Verified
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