A present value of a machine is $900. Its value depletiation rate is 25% per annum then find the machine value before 2 years? Choose the correct answer.
A) $1500
B) $1200
C) $1600
D) $1000
E) $1350
P= $900   R = 25%   T = 2 years   Machine value before 2 years = P/[(1-R/100)^T]   =900*4/3 * 4/3= 
<gadget id="calculator">900*4/3 * 4/3</gadget>
<output>1_600</output>
$1600   Answer is $1600
<result>C</result>
A present value of a machine is $900. Its value depletiation rate is 25% per annum then find the machine value before 2 years?