SOLUTION: A home purchased for $300,000 depreciated 8% over a 1-year period. What was the value of the home at the end of the year?

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Question 41525: A home purchased for $300,000 depreciated 8% over a 1-year period. What was the value of the home at the end of the year?
Answer by Nate(3500) About Me  (Show Source):