Question

Every year, the value of a property in singapore appreciates by 15% of its value in the previous year. If the value of the property was $899300 in 2012, find ite value in 2010.

Answer 1

629 510$

Explanation:

$899300 - (30% of $899300)

cuz its two years away from 2010 so it will have gone up 30 % so to rewind time, just go back 30%

Answer 2

649744.25

Explanation:

899300-15%-15%=649744.25