Mathematics, 03.12.2021 23:30 s900005
• Rob bought a house for £145 000
The value of the house depreciated by 4% in the first year.
The value of the house depreciated by 2.5% in the second year.
Rob says: "4 + 2.5 = 6.5 so in two years the value of my house depreciated by
6.5%"
Is Rob right? You must give a reason for your answer.
Answers: 3
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• Rob bought a house for £145 000
The value of the house depreciated by 4% in the first year.
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