Bill wants to work out the values of the machine after 2 years. By what single decimal number should bill multiply the value of the machine when new?

Respuesta :

Answer:

For a, the machine depreciates 20% of its current value each year.  So, It will lose 20% of its value in the first year.  Then in the second year, it will lose 20% of THAT value (not of the original value) and so on.

b) Since the machine loses 20% of its value each year, it retains 80% of its value each

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