### Home > CCA2 > Chapter 7 > Lesson 7.2.4 > Problem 7-166

7-166.

A two-bedroom house in Seattle was worth

How much will it be worth in

? Write an equation based on the general exponential equation:

about

When will it be worth

? In the equation you found in part (a), let

.in

In Jacksonville, houses are depreciating at

per year. If a house is worth now, how much value will it have lost in years? The multiplier is NOT

. What percent of the value of a home remains each year if it is depreciating at ? about