Machinery worth 2,56,300 depreciates at the rate of 12% p.a. How much is it worth after 6 years, if the rate of depreciation is compounded annually
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the answer is 20.6% and 2 34546
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the answer will be. 256300×88/100×88/100×88/100×88/100×88/100×88/100
that mean 88/100 will be multiplied 6 times
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