Question

Every year, the value of a surveying machine depreciates by 25% os its value on the previous year. If the value of the machine was $11 250 in 2012, find its value 2010

Answer 1

Answer:

20000

Step-by-step explanation:

let x be the value in year 2010

x = Price of machine in year 2012 / (0.75)^2

x = 11250 / 0.75^2

x = 20000