Question

a house purchased for 118081 is worth 81678 after 13 years. assuming that the houses value depreciated steadily From year to year, what was it worth at the end of year 3

Name: a house purchased for 118081 is worth 81678 after 13 years assuming that the houses value depreciated steadily from year to year what was it worth at the end of year 3 93441
Uploaded: 2023-08-09T22:08:55-08:00
Duration: 1 min 43 s
Channel: Supreeta N
Description: a house purchased for 118081 is worth 81678 after 13 years assuming that the houses value depreciated steadily from year to year what was it worth at the end of year 3 93441

          a house purchased for 118081 is worth 81678 after 13 years. assuming that the houses value depreciated steadily From year to year, what was it worth at the end of year 3

Added by Makayla M.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

Instant Answer

Solved by Expert Supreeta N

08/09/2023

Step 1

To do this, subtract the value of the house after 13 years from the initial purchase price. Total Depreciation = Initial Value - Final Value Total Depreciation = 118081 - 81678 = 36403 Show more…

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a house purchased for 118081 is worth 81678 after 13 years. assuming that the houses value depreciated steadily From year to year, what was it worth at the end of year 3