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

asked Apr 7, 2023 68.7k views

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9 votes

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

FV = Rs 154828.8

CaffGeek answered Apr 12, 2023

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