Answer:
The value of home when bought was $913,780.
Step-by-step explanation:
Given that:
Current worth of the house = $1,553,426
This is 70% more than the original worth of the house.
Let,
100 be the original percent and x be the original worth
Percent increase = (100+70)% = 170%
170% of x = $1,553,426
[tex]\frac{170}{100}x=1553426[/tex]
1.7x = 1553426
Dividing both sides by 1.7
[tex]\frac{1.7x}{1.7}=\frac{1553426}{1.7}\\x= 913780[/tex]
Hence,
The value of home when bought was $913,780.
