Math, asked by kapish23, 1 year ago

3. The value of a machine, purchased two years
ago, depreciates at the annual rate of 10%. If
its present value is 97,200, find :
(i) its value after 2 years.
(ii) its value when it was purchased.

Answers

Answered by narendraabhat

4

Answer:

I) 78732

ii) 117612

Step-by-step explanation:

i) PV = 97200

Year 1 - 97200 - 9720 = 87480

Year 2 - 87480 - 8748 = 78732

ii) PV = 97200

Year t-1 = 97200 + 9720 = 106920

Year t-2 = 106920 + 10692 = 117612

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