The valve of machine depreciates at the rate of 10% every year it was purchased 3 years ago if present value is 8748 its present value was?
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Let the value be x
therefore the present value =x(1-10/100)^3
=x(1-1/10)^3
=x(9/10)^3
=x(9/10)^3=8748
=x=(8748*10^3)/9^3
=x=12*10^3=12000
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therefore the present value =x(1-10/100)^3
=x(1-1/10)^3
=x(9/10)^3
=x(9/10)^3=8748
=x=(8748*10^3)/9^3
=x=12*10^3=12000
Please mark me as brainlist
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