### Home > INT3 > Chapter 7 > Lesson 7.2.5 > Problem 7-111

7-111.

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:

about

When will it be worth

? Using the equation you wrote in part (a), let

.in 2025

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