This region of the country experiences cool and wet winters near the coast, is cool and dry inland, and features extreme cold and heavy snows in the mountains. Summer temperatures are cooler and dryer than much of the country.
A single-family residence has an actual age of 15 years, an estimated effective age of 10 years, and a remaining economic life of 30 years. The replacement cost is $83,500. A frame garage was added to the property ten years ago and has an effective age of 10 years with a remaining economic life of 15 years.The replacement cost is $15,500. The accrued depreciation for both main and accessory structures is: Effective age + remaining economic life = economic life of building. 2  Effective age/Economic life x Replacement Cost = Accrued Depreciation. 3  Effective age may or may not reflect actual age, since maintenance, upgrading, design, or other factors may affect the aging process.
An aging society will have implications for the economy and health care system. By Dave Bernard. + More. The baby boomers have already begun to enter retirement age, and the decisions they make could have profound implications for the economy, health care system, and future generations of retirees.Today, approximately one in eight Americans is age 65 or older.hallenges across the health system. Increasing numbers of older Americans will put a greater strain on the existing health systems. If we take a look at just one area, Alzheimerâs disease, we can get an insight into the impact aging baby boomers will have.