Mathematics for FinanceMTP Jun 22Question 1355 of 422
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The present value of a scooter is $7290$. The rate of depreciation is $10\%$. What was its value $3$ years ago?

Options

A$10000$
B$10010$
C$9990$
D$12000$
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Correct Answer

Option a$10000$

All Options:

  • A$10000$
  • B$10010$
  • C$9990$
  • D$12000$

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