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Calculate the depreciation amount on the following claim. The insured has a home that is 5 0 years old, he put a new 3 0

Calculate the depreciation amount on the following claim. The insured has a home that is

50

years old, he put a new

30

year roof on the house

10

years ago. At what percentage would you depreciate the roof? Choices are:

33 %, 30 %, 60 %, 66 %

PLEASE HELP! FORMULA.

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