a machine depreciates Engineer at 8% of its value in the beginning of the Year if its value 57500 at the end of the first year 2015 its value at the end of 14 year is what and find its value at the end of 2016
Answers
Answered by
0
Answer:
62100 & 52900
Step-by-step explanation:
Value drop rate- 8% per year
Value @ 2015- 57500
Value a year before @ 2014 = 57500+8%= 57500*1.08= 62100
Value next year @ 2016 = 57500-8%= 57500*0.92= 52900
Answered by
0
Answer:
62100 & 52900
Step-by-step explanation:
Value drop rate- 8% per year
Value @ 2015- 57500
Value a year before @ 2014 = 57500+8%= 57500*1.08= 62100
Value next year @ 2016 = 57500-8%= 57500*0.92= 52900
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