Mr. Korir bought a tractor valued at Ksh. 800,00. the value of the tractor is depreciating at 20% p.a (a) Calculate the value of the tractor...

      

Mr. Korir bought a tractor valued at Ksh. 800,00. the value of the tractor is depreciating at 20% p.a
(a) Calculate the value of the tractor after 4 years.
(b) Find the time it would take for its value to be Ksh. 400,000. give you’re answer correct to 2 decimal
places.
(c) If after 4 years the tractor is sold through a broker who charge 5% commission find the amount received
by Mr. Korir from the sale

  

Answers

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Kavungya answered the question on September 20, 2019 at 06:57

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