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Value of a machine depreciates by 20% every year. if present value is 160000 find its value last year.

Value of a machine depreciates by 20% every year. if present value is 160000 find its value last year.
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value of a machine depreciates by 20% every year. if present value is 160000 find its value last year.

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User Appsntech
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1 Answer

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192,000.

Just multiply 160,000 by 0.2 to get 32,000, then add that to the original value to get 192,000.
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User Russellpierce
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