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A piece of land was worth $63,710.1 last year. This year, the cost of land has increased by 12%. How much is the land worth now? Round to the nearest whole number.

Respuesta :

mathstudent55

Answer:

$71,355

Step-by-step explanation:

The value of the land was 100% of the value of the land.

The value went up by 12%. 100% + 12% = 112%. Now the value of the land is 112% of the original value.

112% of $63,710.1 = 1.12 × $63,710.1 = $71,355

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