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 77247: 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 checkley75(3666) About Me  (Show Source):
You can put this solution on YOUR website!
300000-.08(300000)=300000-24000=276000 answer.