Mathematics for FinanceMTP May 19Question 1492 of 422
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The furniture depreciates by $10\%$ p.a. If the present value of the furniture in office is $21870$, calculate the value of furniture $3$ years ago.

Options

A$30000$
B$35000$
C$40000$
D$45000$
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Correct Answer

Option c$40000$

All Options:

  • A$30000$
  • B$35000$
  • C$40000$
  • D$45000$

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