Question

The price of a mobile phone depreciates
at a rate of 6% every year. If its current
cost is 20,000, what will be its price
after 4 years?
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Answer 1

Answer:

19868 rs I think so it's price will be

Answer 2

Answer:

15614.97

Step-by-step explanation:

20000(1-6/100)^4

20000×94×94×94×94

‐-------------------------------------

100×100×100×100

=15614.97

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