Mathematics, 16.01.2021 23:40, getsic

Ibrar bought a house for £145 000 The value of the house depreciated by 4% in the first year. The value of the house depreciated by 2.5% in the second year. Ibrar says, "4 + 2.5 = 6.5 so in two years the value of my house depreciated by 6.5%" (a) Is Ibrar right?

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Ibrar bought a house for £145 000 The value of the house depreciated by 4% in the first year. The va...