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Asked by nick

Five years after purchase, a machine has a value of $300. The depreciation rate is
26% per year. Calculate the value of the machine when it was bought five years
ago.?
9 years ago

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Answered by Steve
v * 0.74^5 = 300
9 years ago
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Five years after purchase, a machine has a value of $300. The depreciation rate is
26% per year. Calculate the value of the machine when it was bought five years
ago.?

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