The value of a building was Ksh.53000000 at the end of 2004 appreciated by 8% in 2005, 19% in 2006 but depreciated by 23% in 2007.

Find its value at the end of year 2006.

The value of a building was Ksh.53000000 at the end of 2004, appreciated by 8% in 2005, 19% in 2006 but depreciated by 23% in 2007. Find its value at the end of year 2006.

Learn how to calculate the value of a building that appreciated by 8% in 2005 and 19% in 2006, starting from a base value of Ksh.53000000 in 2004. This problem involves percentage increase and compound appreciation, suitable for students in Grades 9-12.

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