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A house's value decreased by 12% over a year. If the current value is $250,000,

Practice Questions

Q1
A house's value decreased by 12% over a year. If the current value is $250,000, what was the value a year ago?
  1. $280,000
  2. $275,000
  3. $300,000
  4. $270,000

Questions & Step-by-Step Solutions

A house's value decreased by 12% over a year. If the current value is $250,000, what was the value a year ago?
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