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You need to appraise a property using the cost approach. You estimate that the cost to build a new identical building is $750,000 and its

You need to appraise a property using the cost approach. You estimate that the cost to build a new identical building is $750,000 and its economic life is 50 years. If the current property is 13 years old, calculate its depreciation in value. $212.450 $195,000 $125,000 $93,750

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