Mathematics for FinancePYQ Dec 23Question 1254 of 422
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A machine costing $1,00,000$ has useful life of $10$ years. If the rate of depreciation is $12\%$ what is scrap value of the machine at the end of life? Given $(0.88)^{10} = 0.27850$

Options

A$25,850$
B$26,850$
C$27,850$
D$28,850$
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Correct Answer

Option a$25,850$

All Options:

  • A$25,850$
  • B$26,850$
  • C$27,850$
  • D$28,850$

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