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An appraiser estimates the reproduction cost new of a particular single family house to be $830,000. Her value estimate of the house (excluding land value)

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An appraiser estimates the reproduction cost new of a particular single family house to be $830,000. Her value estimate of the house (excluding land value) is $632,000. What is the implied total economic life of the house its effective age is 13 years? Explain your answer with well written sentences and show your calculations

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