2 years ago

A price of a motorcycle is Rs 175000. The year rate of deprecation is 4%. Find the price of motorcycle after 3 years

1 answer:

8 0

$FV = PV (1 - \frac{r}{100})^n\\FV = 175000 (1 - \frac{4}{100})^3\\$

FV = Rs 154828.8

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