In a factory, a machine was bought for
1,75,000. It depreciates at the rate of
10% in the first year, 8% in the second year
and 6% in the third year. What will be the
value of the machine at the end of 3 years?
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Answered by
2
Answer:
0.94 * 0.92 * 0.90 * 1,75,000
Step-by-step explanation:
after 1st year, value of the machine = 0.9 * it's current value = 0.9 * 1,75,000
after 2nd year, value of the machine = 0.92 * it's current value = 0.92 * 0.9 * 1,75,000
and it goes on for the third year
Answered by
5
Answer:
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