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**sybil8464****Member**- Registered: 2020-08-01
- Posts: 8

Find the change in home values and the percentage change. With the housing market crash, the average home values decreased from 304,000 to 232,000. (Round to the nearest tenth of a percent.)

Change: __________________.

Percentage Change: __________________.

1) 72,000; 23.7%

2) -232,000; -76.3%

3) 232,000; 76.3%

4) -72,000; -23.7%

I chose option 4 as my answer. I simply subtracted 304,000 from 232,000 and calculated my percentage, since it is a decrease, I used the -72,000 and -23.7% as my answer. Is this correct please?

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**ganesh****Administrator**- Registered: 2005-06-28
- Posts: 33,915

Hi sybil8464,

**Welcome to the forum!**

Original value = 304,000.

Reduced value = 232,000.

Difference = 72,000 decrease.

Percentage decrease = -23.68% approximately, roughly -23.7%.

It is no good to try to stop knowledge from going forward. Ignorance is never better than knowledge - Enrico Fermi.

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**sybil8464****Member**- Registered: 2020-08-01
- Posts: 8

Thank you for confirming. Just thought maybe it was too easy for my answer to be right and I was missing something. lol

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