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Svet_ta [14]
2 years ago
10

You buy a house for $230,000. It depreciates 3% per year. How much is it worth in 5 years?

Mathematics
1 answer:
Nookie1986 [14]2 years ago
3 0
I honestly don’t know the equation but I just took the starting price, $230,000 and multipled it by .03 which was 6,900 and subtracted that from 230,000: 223,190. I repeated that 5 times. The answer I got is 197,508.83
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\text {Hi!}

\text {The Answer to this Problem Is:}

\fbox {True!}

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