Sec 3/4 E Math T03-Q07 - Applying repeated percentage depreciation
Sec 3/4 E Math T03-Q07 - Applying repeated percentage depreciation
Secondary 3
Original parallel to Sec3&4 E Math FA
A machine is bought for \(\$45000\). Its value depreciates by \(14\%\) each year. Calculate its value after \(7\) years, giving your answer to the nearest dollar.
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Answer:\(\$15 \ 657\)
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