Question

the value of a machine depreciates by 10% annually . if its present value is 100000 what will be its value after 2 yrs​

Answer 1

Answer:

Rs.72,900

Step-by-step explanation:

Given Present value= Rs.90000.

Value depreciates 10% per year.

Value after n years = PV ( 1−  % depreciation/ 100

)^n

Value after two years= Rs.90000 ( 1−  10/100   )^2  

Therefore, the answer is =Rs.72,900

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