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 66696: 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):
You can put this solution on YOUR website!
300,000 - 0.08*300,000
300,000 - 24,000
$276,000