During a Prolonged Recession, Property Values on Long Island Depreciated

question 36

Short Answer

During a prolonged recession, property values on Long Island depreciated by 4% every six months. If my house cost $210,000 originally, how much was it worth 6 years later Round your answer to the nearest cent.

$ __________

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Definitions:

Rationalize Denominator

The process of eliminating a root from the denominator of a fraction.

Radical Expression

A radical expression is an expression that includes a root symbol, indicating the root of a number or an expression needs to be taken.

Radical Expression

An expression that includes a radical symbol, indicating the root of a number or another expression.

Cube Root

A value that, when multiplied by itself twice, gives the original number.