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A house was valued at $317000 . Over several years, the value decreased by 16% , giving the house a new value.write the new value in terms of the old value.
Write your answer as a decimal.

Respuesta :

Answer:

0.84

Step-by-step explanation:

To find the new value of the house, we need to subtract 16% of the old value from the old value.

Let V be the old value of the house.

The amount decreased is:

16% of V = 0.16V

So the new value of the house is:

V - 0.16V = 0.84V

Therefore, the new value of the house in terms of the old value is 0.84 or 84% of the old value.

The new value of the house is $266780.