Find the value of a air conditioner after $2$ years, if its price while new is Rs. $3000$ and it depreciates by $10 %$ per month.

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Solution

Given, $P = 3000, r = 10 %, n = 2$ years
$A = P [{(1 - \frac{r}{100})}^{n}]$
$A = 3000 [{(1 - \frac{10}{100})}^{2}]$
$A =$ Rs. $2430$
The value of air conditioner after $2$ yeras is Rs. $2430$ .

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Find the value of a air conditioner after 2 years, if its price while new is Rs. 3000 and it depreciates by 10% per month.

Given, P=3000,r=10%,n=2 yearsA=P[(1−r100)n]A=3000[(1−10100)2]A= Rs. 2430The value of air conditioner after 2 yeras is Rs. 2430.

Find the value of a air conditioner after $2$ years, if its price while new is Rs. $3000$ and it depreciates by $10 %$ per month.

Given, $P = 3000, r = 10 %, n = 2$ years
$A = P [{(1 - \frac{r}{100})}^{n}]$
$A = 3000 [{(1 - \frac{10}{100})}^{2}]$
$A =$ Rs. $2430$
The value of air conditioner after $2$ yeras is Rs. $2430$ .