Use an equation to solve the problem.
The average price of homes in one neighborhood decreased 8 % since last year, a drop of $5,800 . What was the average price of a home last year?
A) $69,500
B) $74,500
C) $73,500
D) $72,500
E) $76,500

Question

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The Answer of Use an equation to solve the problem.
The average price of homes in one neighborhood decreased 8 % since last year, a drop of $5,800 . What was the average price of a home last year?
A) $69,500
B) $74,500
C) $73,500
D) $72,500
E) $76,500

Use an Equation to Solve the Problem