A present value of a machine is $700. Its value depletion rate is 10% per annum then find the machine value after 2 years?  Choose the correct choice from the following:
A) $900
B) $810
C) $915
D) $715
E) $567
P= $700   R = 10%   T = 2 years   Machine value after 2 years = P[(1-R/100)^T]   =700*9/10 * 9/10= 
<gadget id="calculator">700*9/10 * 9/10</gadget>
<output>567</output>
$567   Answer is $567
<result>E</result>
A present value of a machine is $700. Its value depletion rate is 10% per annum then find the machine value after 2 years?