A two-bedroom house in Seattle was worth
How much is the house worth in 2015?
Write an equation based on the general exponential equation:
When will it be worth
Using the equation you wrote in part (a), let
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 ?