The value of a car depreciates annually by 10% If the present value of the ear be 650000, find
Its value after 2 years
Answers
Answered by
0
Answer:
bkiyofiydiy foydyosodoyflufljfludoudupdoudpudouufoudodoudoud
Answered by
1
Answer:
It is a case of compound interest.
value after 2 years = 650000×(1-10/100)^2
=650000×(0.9)^2
=526500
Similar questions
Social Sciences,
4 months ago
English,
4 months ago
Chemistry,
4 months ago
Music,
9 months ago
Math,
1 year ago
Social Sciences,
1 year ago
Math,
1 year ago