The value of a machine depreciates at the rate of 12 percent per annum. It was purchased three years ago. Its present value is Rs. 29644.032, what was the purchase price of the machine?
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- How many of the following numbers are divisible by 132 ?264, 396, 462, 792, 968, 2178, 5184, 6336
- How many of the following numbers are divisible by 132 ?264, 396, 462, 792, 968, 2178, 5184, 6336
- An accurate clock shows 8 o'clock in the morning. Through how may degrees will the hour hand rotate when th...
- It was Sunday on Jan 1, 2006. What was the day of the week Jan 1, 2010?
- Other things held constant, the value of an option depends on the stock's price, the risk-free rate, and the
- A father said to his son, "I was as old as you are at the present at the time of your birth". If the father...
- A company has just issued $5 million of mandatory redeemable preferred shares with a par value of $100 per ...
- Four defensive football players are chasing the opposing wide receiver, who has the ball. Calvin is directl...