Problema Solution
Seven houses on a block have values of $105,000, $110,000, $110,000, $117,000, $125,000, $135,000, and $138,000. When an eighth home is built on the block, the average home value for the block is $12
Answer provided by our tutors
Assuming the average home value for the block is $120,000, we will find the value of the eighth house.
Let 'x' represent the value of the eighth house:
(105000 + 110000 + 110000 + 117000 + 125000 + 135000 + 138000 + x)/8 = 120000
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click here to see the equation solved for x
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x = $120,000
The value of the eighth home is $120,000.