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A house was valued at $385,000. Over several years, the value increased by 7% giving the house a new value. (a) New vaule= ? X

A house was valued at $385,000. Over several years, the value increased by 7% giving the house a new value.

(a) New vaule= ? X old value

(b) Use your answer in part (a) to determine the new vaule.

New vaule=

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