Question

depreciation value is calculated by the formula, p(1-x/100)^n.true or false​

Answer 1

Answer:

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Step-by-step explanation:

Here, P = $ 8000, R = 5 % per annum and n = 3 years.

Using the formula A = $ P(1 + R/ 100)ⁿ

amount after 3 years = $ {8000 × (1 + 5/100)³}

= $ (8000 × 21/20 × 21/20 × 21/20)

= $ 9261.

Thus, amount after 3 years = $ 9261.

And, compound interest = $ (9261 - 8000)

Therefore, compound interest = $ 1261.

Answer 2

true if we false true because the answer is true