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?

DuBistKomisch asked Dec 21, 2023

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26 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?

DuBistKomisch asked Dec 21, 2023

3.4k points

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23 votes

After 3 years = $13,122

Marmor answered Dec 26, 2023

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