Mathematics for FinanceMTP Jun 24Question 1537 of 422
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Present value of a scooter is $7,290$ if its value decreases every year by $10\%$ then its value before $3$ years is equal to:

Options

A$10,000$
B$10,500$
C$20,000$
D$20,500$
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Correct Answer

Option b$10,500$

All Options:

  • A$10,000$
  • B$10,500$
  • C$20,000$
  • D$20,500$

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