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Reduction in Listing Price (Discount %)
A nervous seller has had her property on the market for just over
four months listed at $175,500. Because she is anxious to move into
a new home, she wishes to reduce the listing price by 5%. Calculate
both the amount of reduction in dollars and the new, lowered listing
price.
STEPS
KEYSTROKES
DISPLAY
Clear calculator
o o
0.00
Enter sales price
1 7 5 5 0 0
175,500.
Subtract 5%
– 5 %
8,775.00
Find new listing price
=
166,725.00
Simple 1-Year Home Appreciation (Add-on %)
Properties in your area have been going up in value about 6% per
year. If you purchase a $275,000 home today, what will it be worth in
one year, assuming the same rate of appreciation continues?
STEPS
KEYSTROKES
DISPLAY
Clear calculator
o o
0.00
Enter current value
2 7 5 )
275,000.
Add 6%
+ 6 %
16,500.00
Find appreciated value
=
291,500.00
Note: See
page 43
for another example of future value or appreciation.
