Question

13. The value of a machine depreciates by 9% every year. Its present value is 400400. Find its in
14. The population of a town increases by 11% annually. If the present population is 6600000,
will be the population after 3 years?) ad ion to Visibiriw bn 10​

Answer 1

Answer:

Step-by-step explanation:

Assuming that the machine was put to use for 1 year from now.

Given Present Value of the machine = 400400

Rate of depreciation = 9%

let the Initial Value be 'x'

x(1 - i )^n = 400400

x(1 - 9℅)^1 = 400400

x(1 - 0.09) = 400400

x(0.91) = 400400

x = 400400/0.91

x = 440000

So the initial value will be 440000 .If N=Time=1 year