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Earn +20 ptsQ: What is the value of the machine after 5 years?
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The value of a machine depreciates at the rate of 10 percent per annum If the present value is 81000 what will be its worth after 3 years What was the value of machine 2 years ago?
Value of the machine after 3 years = ${81000 * (1 - 10/100) raise to the power 3) = $ 59049Value of the machine 2 years ago = $ [81000 / (1- 10/ 100)raise to the power 2 ]= $ [81000 * 10/9 * 10/9] = $ 100000I posted this question similar to this on examville. Hope you have understood.
The value of a graphing calculator is 225 After 2 years the value of this calculator is 160 Find the value of the calculator after 5 years?
62.50 this is from Gardiany
What is the future value of 40000 with 5 percent interest in 5 years?
The face value is 40000*(1.05)10 = 65156 approx.
What is the future value of 80000 dollars with 5 percent interest in 4 years?
102102.52
What is the future value of 10000 dollars with 5 percent interest in 7 years?
The future value (FV) of $10,000 at 5% interest for 7 years follows the following formula: 10,000 (1+.05)^7 = 10,000 * 1.41 = $14,100
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