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A house purchased for $226,000 has lost 4% of its value each year for the past five years. What is it worth now

A house purchased for $226,000 has lost 4% of its value each year for the past five years. What is it worth now
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a house purchased for $226,000 has lost 4% of its value each year for the past five years. What is it worth now

User Lightandlight
by
8.4k points

1 Answer

11 votes

Answer:

180800

Explanation:

4%x5=20%

20%of226000=45200

226000-45200

User Opiatefuchs
by
7.7k points
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