document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=98419>Question 98419</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 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? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #71582 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=71582\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> When something decreases in value, you simply subtract that percentage of the original value off of the original value \r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "In other words, we do this\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "300,000-(8%)(300,000).......Subtract 8 percent of 300,000 from 300,000\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "300,000-(0.08)(300,000)....Rewrite 8% as 0.08\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "300,000-24,000..................Multiply\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "276,000...........................Subtract\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "So the house is now worth $276,000 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );