Arithmeticeasy · Past Paper
If the value of a machine is V and it depreciates at R% per year, what is its value after 1 year?
AV(1 + R/100)
BV(1 - R/100)
CV - R
DV * R / 100
✓ Correct Answer: B — V(1 - R/100)
Depreciation uses the minus sign in the compound formula.
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