Question

The value of a machine depreciates every year by 15% of its value at the beginning of the year. If its present value is 28,900, calculate:
(i) its value 1 year ago;
(ii) its value 2 years ago;​

Answer 1

Answer:

OK 1 it's value is 30980

2 it's value is 40948

Answer 2

Answer:

value of 1 year ago is 30980

value of 2 year ago is 40948