Question

the cost of a machine is estimated to be increasing at the rate of 10 % every year. It is cost 12000 now. What will be estimated value after 3 years ​

Answer 1

Answer:

present cost of machine is 12000

it increases 10percent every year

so 10% of 12000 is 10/100x12000

we get 1200 as 10%of 12000

after three year 1200x3= 3600 will be increased

so the cost of the machine after 3 year will be 12000+3600 = 15600

Answer 2

Answer:

22800 hope this finds you in the best of your ans