A present value of a machine is $148000. Its value depletiation rate is 25% per annum then find the machine value after 3 years?
Choose the correct choice from the following options
A) A)$54000  B) B)$48000  C) C)$36520  D) D)$62437.5  E) E)$42500
P= $148000   R = 25%   T = 3 years   Machine value after 3years = P/(1-R/100)^T   =148000*3/4 * 3/4 * 3/4= 
<gadget id="calculator">148000*3/4 * 3/4 * 3/4</gadget>
<output>124_875/2 = around 62_437.5</output>
$62437.5   Answer is $62437.5
<result>D</result>
A present value of a machine is $148000. Its value depletiation rate is 25% per annum then find the machine value after 3 years?