asked 68.7k views
5 votes
A price of a motorcycle is Rs 175000. The year rate of deprecation is 4%. Find the price of motorcycle after 3 years



asked
User Kimaya
by
8.1k points

1 Answer

9 votes


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

FV = Rs 154828.8

answered
User CaffGeek
by
8.0k points
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