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The price of a machine depreciates by 10% every year. If the machine is bought for $18000 and sold after 3 years, what price will it fetch?
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13 votes
The price of a machine depreciates by 10% every

year. If the machine is bought for $18000 and sold
after 3 years, what price will it fetch?

User Synaptik
by
6.7k points

1 Answer

13 votes



After 3 years = $13,122
User Stefano Coletta
by
6.3k points
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