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3. The building being appraised has a current reproduction cost of $850,000, an effective age of 15 years, and a total economic life of 60

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3. The building being appraised has a current reproduction cost of $850,000, an effective age of 15 years, and a total economic life of 60 years. The cost to cure all curable items is estimated at $35,000. Calculate the accrued depreciation and improvement value of the structure using the modified economic age-life method

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