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Housing prices in a particular county have increased by 27.5% over the price of houses five years ago. (a) If $260,000 was the average price

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Housing prices in a particular county have increased by 27.5% over the price of houses five years ago. (a) If $260,000 was the average price of a house five years ago, what is the average price (in $) of a house today? $ (b) Economists predict that next year housing prices will drop by 5% in this area. Based on your answer from part (a), what will the average price (in $) of a house be next year

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