Question

value of car depreciated by 9% find the
estimated value at end of 8 years. If
the current value is 2,00,000.​

Answer 1

Answer:

144000

Step-by-step explanation:

2000000×9×8*÷ 100

Answer 2

The estimated value at end of 8 years is Rs.425303.402

Step-by-step explanation:

Let the estimated value at end of 8 years be x

The value of car depreciated by 9% .

So, Value after 8 years = $P(1-r)^t=x(1-0.09)^8$

The current value is 200000

So,$x(1-0.09)^8=200000$

$x=\frac{200000}{(1-0.09)^8}$

x=425303.402

Hence The estimated value at end of 8 years is Rs.425303.402

#Learn more:

The value of car depreciation by 15% every year if the current value of car is 240000 what will be its value after 3 years

https://brainly.in/question/7414433