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A house purchased for $230,000 has lost 4% of its value each year for the last 5 years. What is the house worth now?
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5 votes
A house purchased for $230,000 has lost 4% of its value each year for the last 5 years. What is the house worth now?

User Mohammad Falahat
by
7.2k points

2 Answers

3 votes

Answer: the answer is 187,535.72

Explanation:

User Atabouraya
by
7.5k points
4 votes

Answer:

the real question is what the total amount of value is.

User David Singer
by
7.7k points
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