Question

if the value of the machine depreciate by 5% if its present value is 27500 the find the value after 2 years.
do hurry this is very important
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Answer 1

Step-by-step explanation:

present value of machine is 27500

present value of machine is 27500depreciate % = 5%

present value of machine is 27500depreciate % = 5%value after 2 years

$= 27500(1 - \frac{5}{100} ) {}^{2} \\ = 27500( \frac{100 - 5}{100} ) {}^{2} \\ = 27500 \times ( \frac{95 }{100} ) {}^{2} \\ = 27500 \times \frac{95 \times 95}{100 \times 100} \\ = 2,481,8.75$