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July 31, 2014

Homework Help: mcc

Posted by Anonymous on Wednesday, May 1, 2013 at 7:42pm.

Larry bought a house for $220,000.

After one year, its value appreciated (increased in value) by 15%.

During the second year, its value depreciated (decreased in value) by 12% from its value at the end of the first year.

What was the value of the house at the end of the second year?

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