A house has increased in value by 28% since it was purchased. If the current value is $500,000, what was the value when it was purchased?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.5: Solving Quadratic Equations By Completing The Square
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A house has increased in value by 28% since it was purchased. If the current value is $500,000, what was the value when it was purchased?
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