The current price of a vehicle is ksh. 500,000. The value of the vehicle depreciates at a rate of 15% p.a for the first two...

The current price of a vehicle is ksh. 500,000. The value of the vehicle depreciates at a rate of 15% p.a for the first two years and at 20% p.a thereafter. Find the number of years it will take for its value to reduce to ksh. 147,968.

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Kavungya answered the question on October 12, 2019 at 08:04

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