What is the worth / depreciated value of something I paid $5,000 for , seventeen years ago?
Furniture - bedroom set .
With some scratches and minor
wear and tear.
If I got rid of it today, what would be its value?
- Anonymous6 months ago
Figuring 10% depreciation a year, about $833.
- Barkley HoundLv 76 months ago
If it is solid wood it may be worth something. If made out of pressed sawdust it is probably worthless.