04 the value of a car depriciates every years
by 10%. If the present value of the car is
230,400
then its last
year was price would be
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Answer:
Present Value of = Rs.52,488
Deprtciated value = 10% per annum
Time = 4 years
Initial Value = P
52,488=P[1−
100
10
]
4
P=Rs.80,000
Step-by-step explanation:
Present Value of = Rs.52,488
Deprtciated value = 10% per annum
Time = 4 years
Initial Value = P
52,488=P[1−
100
10
]
4
P=Rs.80,000
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