math
posted by monet .
The value of a house decreased from $108,000 to $82,000. Determine the percent decrease for the value of the house.
a) =74%
b) =68%
c) =32%
d) =24%
Respond to this Question
Similar Questions

Expected UtilityEcon
Suppose that your wealth is $250,000. You buy a $200,000 house and invest the remainder in a riskfree asset paying an annual interest rate of 6 percent. There is a probability of 0.001 that your house will burn to the ground and its … 
math word problem
The owner of a rental house can depreciate its value over a period of 27 1/2 years, meaning that the value of the house declines at an even rate over that period of time until the value is $0 a. By what fraction does the value of the … 
Huge Math Word Problem
The owner of a rental house can depreciate its value over a period of 27 1/2 years, meaning that the value of the house declines at an even rate over that period of time until the value is $0. My question is by what fraction would … 
economics
Week 3 Homework Please answer the following questions: 1. The following information describes the value Lori Landlord places on having her five apartment houses repainted. She values the repainting of each apartment house at a different … 
economics
Review: Full, Anonymous: No Week 3 Homework Please answer the following questions: 1. The following information describes the value Lori Landlord places on having her five apartment houses repainted. She values the repainting of each … 
mcc
Larry bought a house for $220,000. After one year, its value appreciated (increased in value) by 15%. During the second year, its value depreciated (decreased in value) by 12% from its value at the end of the first year. What was the … 
math
Use any problem solving strategy to solve the following problem.The value of a house is expected to increase from its current value of $50,000 by 3%each year .What will the value of the house be after 3 years ? 
Finance
Say that you purchase a house for $150,000 by getting a mortgage for $135,000 and paying a $15,000 down payment. Assume you get a 15year mortgage with a 6 percent interest rate. If the house appreciates at a 2 percent rate per year, … 
mathematics
A house was purchased for $67,000 After 7 years the value of the house was $130,000. Express the house's value V(t) in terms of time t in years. 
Math
How much will be the value of a house that was bought 9 years ago?