Question

The value of a machine depreciates at 12.5% per annum. It was purchased 3 years ago. If its present value is 13,720, find the original value of the machine.

please write full steps and answer fastttt!!!​​

Answer 1

Answer:

20480

Step-by-step explanation:

We can use the formula A = P(1 - R/100)^n

Where

A = present value

P = Value 3 years ago

R = Rate

n = No. of years = 3

13720 = P(1 - 12.5/100)^3

13720 = P(0.875)^3

13720 = 0.67P

P = 13720/0.67

P = 20480

BRAINLIEST PLEASE

Answer 2

here's your answer

plz mark me as brainliest