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

The Rental Depreciation Problem. The owner of a rental house can depreciate its value over a period of 27 ½ years, meaning that the value of the house declines at an even rate over that period of time until the value is $0.

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?

## Answer this Question

## Related Questions

- Math156 - I can understand in my head how to solve it I can't figure it out on ...
- math - I can understand in my head how to solve it I can't figure it out on ...
- math word problem - The owner of a rental house can depreciate its value over a ...
- Huge Math Word Problem - The owner of a rental house can depreciate its value ...
- math - Use any problem solving strategy to solve the following problem.The value...
- Math - Because of a recession, the value of a new house depreciated 10% each ...
- finance - can anyone help me set up this problem bc im totally lost.... if a ...
- MA112 HELP PLEASE - Because of a recession, the value of a new house ...
- Math130 - Because of a recession, the value of a new house depreciated 10% each ...
- accounting - House mortgage You have just purchased a house and have obtained a...

More Related Questions