Question

12.
A
scooter
was
bought
at
42,000
.
Its
value
depreciated at the rate of 8% per annum.
Find its value after one year.​

Answer 1

Answer:

38640

Step-by-step explanation:

Answer 2

Answer:

Here you go ............

Step-by-step explanation:

Negative Interest = PTR/100

P = Principal amount = 42,000

Rate of interest = 8% per annum

Time period = 1 year

I = (42,000)(1)(8)/100 = 3360

Value after 1 year = 42,000 - 3360 = 38,640

Hope it helps you.

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