the value of a machine depreciates by 10 % annually if the present value of the machine is RS 1,0000 what will be its value after 2 years
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Answer:
Step-by-step explanation:
P x ( 1 - r%) powered by time
=10000 ( 1 - 10/100)^2
=10000 x (90/100)^2
=10000 x 90 x 90/100x100
=90 x 90 due to cancellation
=8100
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