Algebra

posted by KG

Because of a recession, the value of a new house depreciated 10% each year for 3 years in a row. Then, for the next 3 years, the value of the house increased 10% each year. Had the value of the house increased or decreased after 6 years? Explain please!!

  1. Reiny

    the original value does not matter

    e.g. let's start with 100,000
    after 3 years:
    value = 100,000(.9)^3
    after 3 more years:
    value = 100,000(.9)^3 (1.1)^3
    = 97,029.9

    so what do you think?

    Here is a new question for you.
    Would it matter if the value first increased by 10% for the first 3 years, and then decreased by 10% for the next 3 years ?

  2. KG

    I am 100% confused on this.

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