Present Value of a printing machine is Rs 1,80,000 (Indian Currency, 1 Rs = 100 paisa) Value of the machine depreciated at the rate of the machine after 34 years?
I am puzzled because of this 34 years!!!!!!!!!!!!!!!!
I am puzzled because of this 34 years!!!!!!!!!!!!!!!!
1 Answer
May 10, 2017
Just follow following steps.
Explanation:
No need to be puzzled.
Just think that Present Value is
and discounted value
You have not given rate of depreciation
You can use a scientific calculator to calculate this.
Just use function
Multiply it by
discounted value as
If