Section 3.2 (31) During a prolonged recession, property values on Long Island depreciated by 2% every 6 months. If my house cost  200,000 originally, how much was it worth 5 years later?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
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Section 3.2 (31)

During a prolonged recession, property values on Long Island depreciated by 2% every 6 months. If my house cost  200,000 originally, how much was it worth 5 years later?

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