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

Scott Emmons asked Mar 21, 2023

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Scott Emmons asked Mar 21, 2023

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14 votes

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

FV = Rs 154828.8

Piotr Gwiazda answered Mar 25, 2023

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