Question

2.
The value of machine depreciates every year by 5%
If the present value is 40,000 what will be its wall
after a year?
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Answer 1

Answer:

Machine value=40000

1st year depreciation =5%

1st year Amount=40000-(40000×5%)

=40000-2000

=38000

2nd year= 38000-(38000×5%)

=38000-1900

= 36100

3rd year= 36100-(36100×5%)

= 36100-1805

= 34295

Ans= Machine value after 3 yrs is 34295

Step-by-step explanation: