4. The value of a machine, purchased two years ago, depreciates at the annual rate of 10%.
If its present value is 97,200, find:
its value after 2 years.
its value when it was purchased
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Answered by
1
Answer:
Step-by-step explanation:h vVv. N b hosh b By donon bhbh
Answered by
2
Answer:
Step-by-step explanation:
1 )value of machine after 3 years
= P(1-r/00)^n
=97,200( 1-10/100)^3
=97,200(9/10)^3 = rs.70,858.80
2)A=P(1-r/100)^n
=97,200 = p( 1- 10/100)^2
=97,000 = p(9/10)^2
=p =Rs. 1,20,000
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