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October 20, 2014

October 20, 2014

Posted by **Nance B** on Sunday, September 8, 2013 at 12:00pm.

- Math130 -
**randy**, Sunday, September 8, 2013 at 12:07pmit decreased the first three years, then increased the next three years. so basically its like it remained the same

- Math130 -
**Steve**, Sunday, September 8, 2013 at 6:36pmNot quite

Decreasing for 3 years at 10%/yr, the value is now .9^3 = .729

Increasing for 3 years from the reduced value, it is finally worth

.729*1.1^3 = .970

SO, the house lost 3% over the 6 years.

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