It retains 95% of its value each year,
so for each year of service, multiply by another 0.95
what do you think?
The value of a machine depreciates each year by 5% of its value at the beginning of that year. If its value when new on 1st January 1980 was 10250 naira what was its value in January 1989 when it was 9 years old
2 answers
please show me the answers clear