Math Problem Statement

A house on the market was valued at $359,000. After several years, the value increased by 9% . By how much did the house's value increase in dollars? What is the current value of the house?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Increase
Basic Arithmetic

Formulas

Increase in value = Original value × (Percentage increase / 100)
Current value = Original value + Increase in value

Theorems

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Suitable Grade Level

Grades 6-8