The price of an air conditioner depreciates at 7% every year. If the present value of air conditioner is
Rs 14500, what will be its value after 2 years
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Answer:
12470
Step-by-step explanation:
because in first year 7% is 1015 which minus from 14500- 1015 = 13485
same on second year 13485-1015 =12470
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