My home was valued at $205,000 last year. With the hot real estate market since last year, my house has increased in value by 23%. Using "V" as the new value of my home, write an algebraic equation that describes this transaction.

Answer V=205000+(0.23)(205000)

Question

My home was valued at $205,000 last year. With the hot real estate market since last year, my house has increased in value by 23%. Using "V" as the new value of my home, write an algebraic equation that describes this transaction.

 Answer V=205000+(0.23)(205000)

anonymous · Answer

this one was the same as the Juan question before

johnweldon1993 · Answer

right...so that would be correct