A house and lot valued at 100000 is being depreciated over, Econometrics

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A house and lot valued at 100000 is being depreciated over

A house and lot valued at $100,000 is being depreciated over 25 years by the straight line method. After 10 years the book value of the asset is $64,000. Since only the value of the house depreciates, find the assumed value of the land. (Ignore inflation.)

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Econometrics: A house and lot valued at 100000 is being depreciated over

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Econometrics: A house and lot valued at 100000 is being depreciated over

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