the present price of a car is rs.33750...every year price is decreased by 4%..find the price of the car after 4 years..use the formula.. [1-4%/100]
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p=33750
r=4%
t or n=4years
FORMULA APPLIED:-p(1-r/100)^n
=33750(1-4/100)^4
=33750(100-4/100)^4
=33750(96/100)^4
=33750×96/100×96/100×
96/100×96/100
=rs.28,665.4464
r=4%
t or n=4years
FORMULA APPLIED:-p(1-r/100)^n
=33750(1-4/100)^4
=33750(100-4/100)^4
=33750(96/100)^4
=33750×96/100×96/100×
96/100×96/100
=rs.28,665.4464
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