The cost of a machine is supposed to
depreciate each year by 12% of its value at
the beginning of the year. If the machine is
valued at 344,000 at the beginning of 2008,
find its value
(i) at the end of 2009.
(ii) at the beginning of 2007.​

Respuesta :

Cost of machine in 2008 = Rs 44,000
Depreciation rate = 12%
(i) ∴ Cost of machine at the end of 2009