A present value of a machine is $40000. Its value depletiation rate is 5% per annum then find the machine value after 2 years?  Choose the correct answer:	A) $36540	B) $36100	C) $29580	D) $31256	E) $41250
P= $40000   R = 5%   T = 2 years   Machine value after 3years = P/(1-R/100)^T   =40000*19/20 * 19/20 * 19/20   =$36100   Answer is $36100
<result>B</result>
A present value of a machine is $40000. Its value depletiation rate is 5% per annum then find the machine value after 2 years?