A present value of a machine is $1100. Its value depletion rate is 10% per annum then find the machine value after 2 years?	Pick one
A) $900  B) $891  C) $915  D) $715  E) $795
P= $1100   R = 10%   T = 2 years   Machine value after 2 years = P[(1-R/100)^T]   =1100*9/10 * 9/10= 
<gadget id="calculator">1100*9/10 * 9/10</gadget>
<output>891</output>
$891   Answer is $891
<result>B</result>
A present value of a machine is $1100. Its value depletion rate is 10% per annum then find the machine value after 2 years?