Question

The value of a machine depreciates each year by 10% of its value at the beginning of that year. Its value
when new is 750; find its value when it is 2 years old.
The notional welth​

Answer 1

Answer:

the machine will depreciate each year by 10%

is new value is 750

1 year of the machine depreciates=75

750+75=825

second year of the machine depreciates

825×10%=82.5

825+82.5=907.5

thank you.....