A present value of a machine is $128000. Its value depletiation rate is 20% per annum then find the machine value after 3 years?	Choose the most appropriate option: A) A)$54000 B) B)$48000 C) C)$9216 D) D)$32450 E) E)$42500
P= $128000   R = 20%   T = 3 years   Machine value after 3years = P/(1-R/100)^T   =128000*3/5* 3/5 * 3/5   =$9216   Answer is $9216
<result>C</result>
A present value of a machine is $128000. Its value depletiation rate is 20% per annum then find the machine value after 3 years?