a manufacturer install a machine at a cost of RS. 3000.at the end of 9 years the machine has a value of1200.assuming yearly depreciation to be a constant amount find its price after 13 years
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Answer:
300
Step-by-step explanation:
This is a sum of A.P
here,a=3000
a. =1200
n
n=9
applying the formula
a = a+(n-1)d
n
1200=3000+(8)d
-1800=8d
d=-225
PRICE AFTER 13 YEARS,n=13
a. = a+(n-1)d
13
=3000+12(-225)
=3000-2700
=300
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