SOLUTION: A home purchased for $300,000 depreciated 8% over a 1-year period. What was the value of the home after at the end of the year?
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Question 42992
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A home purchased for $300,000 depreciated 8% over a 1-year period. What was the value of the home after at the end of the year?
Answer by
checkley71(8403)
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300,000*.08=24000 or 300000-24000=276000
(