Mathematics for FinanceMTP Dec 22Question 1373 of 479
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The value of scooter is 10,000\displaystyle 10,000. Find its value after 7\displaystyle 7 years if rate of depreciation is 10%\displaystyle 10\% p.a.

Options

A4,782.96\displaystyle 4,782.96
B4,278.69\displaystyle 4,278.69
C42,079\displaystyle 42,079
D42,000\displaystyle 42,000
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Correct Answer

Option a4,782.96\displaystyle 4,782.96

All Options:

  • A4,782.96\displaystyle 4,782.96
  • B4,278.69\displaystyle 4,278.69
  • C42,079\displaystyle 42,079
  • D42,000\displaystyle 42,000

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