Question: Consider a 3 years old house ( built on 2017) a. Assume that the house has a useful life of 75 years; what is the

  1. Consider a 3 years old house ( built on 2017)

a. Assume that the house has a useful life of 75 years; what is the percentage of depreciation?

c.If it would cost $100,000 to rebuild the house today, what is the Actual Cash Value of the house?

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