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February 1, 2015

February 1, 2015

Posted by **Jenna** on Friday, May 7, 2010 at 12:56pm.

a. By what fraction does the value of the house depreciate the first year?

b. If the house is judged to be worth $85,000, what is the value of the first year’s depreciation?

- math -
**Damon**, Friday, May 7, 2010 at 5:22pm1/27.5 = .03636 or about 3.6 % per year

85,000/27.5 = $3090.91

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