Respuesta :
House value=278000$
Decrease of 9%=0.09
1. Value decrease: 278000$x0.09%=25020$
The house decreased by 25020$.
2. Current value of the house: 278000$-25020$=252980$
The current value of the house is 252980$.
Decrease of 9%=0.09
1. Value decrease: 278000$x0.09%=25020$
The house decreased by 25020$.
2. Current value of the house: 278000$-25020$=252980$
The current value of the house is 252980$.
Current market value of the house is difference of initial value of house and value of house decreased. The current value of the house is $252,980.
What is percentage decrease?
Percentage decrease is the amount deducted or reduced from the initial value in the percentage part.
Given information-
The initial value of the house in the market is $278,000.
The total value of house decreased by 9 percent.
As the initial value of the house in the market is $278,000 and the total value of house decreased by 9 percent.
Thus the total amount of value of house decreased (say d) is,
[tex]d=278000\times\dfrac{9}{100}\\d=25020[/tex]
Thus the value of house decreased is $25020.
Now the current value of the house is difference of initial value of the house and the value of house decreased. Suppose the current value of the house in the market is x dollars. Thus,
[tex]x=278000-25020\\x=252980[/tex]
Thus the current value of the house is $252,980.
Learn more about the percentage decrease here;
https://brainly.com/question/11360390
