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The average rate of depreciation in value of a water pump is 9% per annum. After three complete years its value was sh.150,700. Find its value at the start of the three-year period.

Class: Form 3

Subject: Mathematics

Topic: Commercial Arithmetic 2

Lesson Summary

The average rate of depreciation in value of a water pump is 9% per annum. After three complete years its value was sh.150,700. Find its value at the start of the three-year period.



Text Answer


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