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Solve the Problem 2%2 \% From the Amount They Paid $159,462\$ 159,462

Question 346

Multiple Choice

Solve the problem.
-One year ago, Tony and May bought a house. In the year since they bought the house, it has depreciated 2%2 \% from the amount they paid. Today it is valued at $159,462\$ 159,462 . How much did they pay for the house?


A) $162,616\$ 162,616
B) $162,716\$ 162,716
C) $162,706\$ 162,706
D) $163,716\$ 163,716

Correct Answer:

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