A car bought for RS 1000000 depreciate each year by 5% .What is the insurance premium paid in the first year, second year,and third year of purchase? answer step by step and with explaination
Answers
Answered by
3
Answer:
Step-by-step explanation:
A car bought for Rs 1,000,000 depreciates each year by 5% what is the insurance premium paid in the first year, second year and third year of purchase
Insurance premiums are determined by the insurance company.
You can save - up to - "some amount" if you change companies.
=======
The value of the car is not the premium paid
ayesha1252:
I did not understand
Answered by
3
Answer:
Rs50000 Rs47500. Rs45125
Similar questions