"at $1.29 million, they closed last month percent above what they paid in 2007." how much did they pay in 2007?

 Amount that they paid in 2007 is 1.01 millions.

Step-by-step explanation:

Since we have given that

Number of millions paid last month = $1.29 millions

According to question, it was 26% above what they paid in 2007.

Let the amount paid in 2007 be x

So, our equation becomes,

Hence, Amount that they paid in 2007 is 1.01 millions.

The amount they paid in 2007 is:

                         $ 1.02381 million

Let the amount paid by them in 2007 be: $ x

Now, it is given that:

"At $1.29 million, they closed last month for...26 percent above what they paid in 2007."

i.e.

step-by-step explanation:

here's what happens:

1) the graph of f   = x^2 is shifted 2 units to the right.

2) the resulting graph is reflected in the x-axis, so that the parabola now opens down.

3) this final result is transformed up by 5 units.