A present value of a machine is $1200. Its value depletion rate is 10% per annum then find the machine value after 2 years? Choose the correct answer:  A) $972  B) $810  C) $915  D) $715  E) $795
P= $1200   R = 10%   T = 2 years   Machine value after 2 years = P[(1-R/100)^T]   =1200*9/10 * 9/10= 
<gadget id="calculator">1200*9/10 * 9/10</gadget>
<output>972</output>
$972   $972nswer is $972
<result>A</result>
A present value of a machine is $1200. Its value depletion rate is 10% per annum then find the machine value after 2 years?