Question

The value of an antique metal artifacts is worth RS 5600. It first appreciates at 10% during first year and then depreciates at 10% in following year. Find the net worth of artifacts after 3 year

Answer 1

Answer:

4989.6

Step-by-step explanation:

at first 5600

10%means 560

first year 10%gain

5600+560=6160

second year 10% loss

6160-616=5544

third year 10% loss

5544-554.4=4989.6