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 ...
- Math - A heat exchanger is bought by a company for $180,000. It is considered to...
- finance - can anyone help me set up this problem bc im totally lost.... if a ...
- Math - Austin bought a new house. The value of his house is modeled by the ...
- MA112 HELP PLEASE - Because of a recession, the value of a new house ...

More Related Questions