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Over time, the value of the property at 397 West Lake Street increased by 275%. If the initial value of the property was P, which expression represents the property’s current value?
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Answer choices (please post this next time) 375P 275P 3.75P 2.75P
The property *increased* by 275%. To convert 275% to a decimal we divide by 100 to get 275/100 or 2.75. Therefore, the property increased by 2.75P. Finally, to get the final amount, add this to the original value P.
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