Question

4. The value of a machine depreciates
at rate of 8% per annum. If the value of
machine is now 75000. What will be
its value after 2 years?
​

Answer 1

Answer:

63,480

Step-by-step explanation:

In first year:-

75,000 - 8% of 75,000

75,000 - 6,000

69,000

In second year:-

69,000 - 8% of 69,000

69,000 - 5520

63,480