the cost of a refrigerator is 9000 its value depreciates at rate of 5% every year find the total depreciation and its value at the end of 2 years
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Answer:
Step-by-step explanation:
Step-by-step explanation:
According to the formula,
Cost after 2 years=present cost(1-rate%/100) ^n
=9000(1-5/100) ^2
=9000×95×95/100×100
=16245/2
=8122.5 please mark me as brainlist please
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