A present value of a machine is $128000. Its value depletiation rate is 25% per annum then find the machine value after 3 years? Answers.
A) $ 54000	B) $ 48000	C) $ 36520	D) $ 32450	E) $ 42500

Rationale: "p = $ 128000 r = 25 % t = 3 years machine value after 3 years = p / ( 1 - r / 100 ) ^ t = 128000 * 3 / 4 * 3 / 4 * 3 / 4 = $ 54000 answer is a"
Answer: A