Ask Question
1 October, 11:07

The value of machine depreciates every year by 5%. If the present value of the machine is 100000, what will be its value after 2 years.

+4
Answers (2)
  1. 1 October, 14:01
    0
    It starts out being worth $100,000 (One hundred thousand dollars). Every year it depreciates by 5% (0.05). What is the value after two years? We can find this by multiplying.

    100,000 * 0.05 = 5,000

    100,000 - 5,000 = 95,000

    95,000 * 0.05 = 4,750

    95,000 - 4,750 = 90,250

    The machine, after two years, will be worth $90,250.
  2. 1 October, 14:07
    0
    The answer would be $90,250
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The value of machine depreciates every year by 5%. If the present value of the machine is 100000, what will be its value after 2 years. ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers