Question

The value of a property decreases every year at the rate of 5%. If its present value is
411540, what was its value three years ago ?
​

Answer 1

Answer:

476408.9

Step-by-step explanation:

5% of 411540= 20577

411540+20577= 432117, value of 1 year ago

5% of 432117= 21605.8

432117+21505.8= 453622.8, value of 2 years ago

5% of 453622.8= 22681

453622.8+22681= 476408.9, value of 3 years ago

hope u understood hiw i reached this answer and concept as well...

any other question? mail me at [email protected]