Mort bought his house in 2004 for $362,000. It was recently appraised at $215,000. What is the approximatepercent of decrease in value?The approximate percent of decrease in value is %.(Round to the nearest percent as needed.)

The buying price of the house was $362000.The current price of the house is $215000.Then, decrease…

Answered: Mort bought his house in 2004 for…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Mort bought his house in 2004 for $362,000. It was recently appraised at $215,000. What is the approximate percent of decrease in value? The approximate percent of decrease in value is %. (Round to the nearest percent as needed.)