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The chronological age of a property is 30 years. The appraiser renders an opinion of the structure's effective age of 25 years and remaining economic

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The chronological age of a property is 30 years. The appraiser renders an opinion of the structure's effective age of 25 years and remaining economic life of 50 years. The replacement cost of the property is estimated at $500,000. What is the current estimated value of the structure? Excel Link: Excel Shect.xlsx $250,000 $300,000 $179,571 $333,333 $300,000

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