Teacher:You are given a math word problem and you are supposed to apply multiplication or division mathematical operators on the numbers embedded in the text to answer the following question and then only report the final numerical answer.
Teacher: Now, understand the problem? Solve this instance: A home purchased for 300000 dollars depreciated 8 % over a 1-year period . What was the value of the home after at the end of the year , in dollars ?
Student:
276000