Question

7. The value of a machine depreciates each year by 10% of its value at the beginning of that year.
Its present value is 2025. What was its value two year ago?​

Answer 1

Step-by-step explanation:

1 year

1 year10 percent of 50000=5000

1 year10 percent of 50000=500050000–5000=45000

1 year10 percent of 50000=500050000–5000=450002 year

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=5000

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line method

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year10 percent of 50000=5000

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year10 percent of 50000=500050000–5000=45000

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year10 percent of 50000=500050000–5000=450002 year

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year10 percent of 50000=500050000–5000=450002 year10 percent of 45000=4500

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year10 percent of 50000=500050000–5000=450002 year10 percent of 45000=450045000–4500=40500

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year10 percent of 50000=500050000–5000=450002 year10 percent of 45000=450045000–4500=40500and under this method the value will be 40500

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year10 percent of 50000=500050000–5000=450002 year10 percent of 45000=450045000–4500=40500and under this method the value will be 40500i hope this solution might help you out

1 year10 percent of 50000=500050000–5000=450002 year10 percent of again 50000=500045000–5000=40000so the value after 2 years of the asset would be 40000 under straight line methodvalue down method1 year10 percent of 50000=500050000–5000=450002 year10 percent of 45000=450045000–4500=40500and under this method the value will be 40500i hope this solution might help you outthanks ;)

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