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Mathematics, 15.01.2021 17:40 amypeace1978

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