The value of machine reduces every year by 8%.if the present value of the machine be Rupees 200000,then what will be its value after 2 years
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Answer:
P=200000
R=8pecent
T=2yrs
Step-by-step explanation:
A=P(1+R/100)2
=200000(1+8/100)2
=200000(108/100)2
=200000×108×108÷100÷100
=20×108×108
=233280
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