Every year the valur of a surveying machine depreciates by 25% of its value in the previous year. If the value of the machine was $11250 in 2012, find its value in 2010.
4 answers
what is 11250(.75)^2 ?
backing up 2 years,
11250/(.75)^2 = 20,000
11250/(.75)^2 = 20,000
Really helpful
I want step by step