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The value of Peters house has risen 30% a year for the last 3 years. If the value of Peter’s home 3years ago was $90,000 what is the value n
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The value of Peters house has risen 30% a year for the last 3 years. If the value of Peter’s home 3years ago was $90,000 what is the value now?
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Mathematics
3 years
2021-09-05T16:07:43+00:00
2021-09-05T16:07:43+00:00 1 Answers
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You answer will be 117,000
If you multiple the percentage (30) and the value of the house 3 years ago (90,000) you will get 2,700,000
then you divide that with 100 and get 27,00
27,000 + 90,000 is 117,000