The value
The value of the property decreases every year at the rate of 5%. If its present value is 411540 USD, what was its value three years ago?
Correct answer:
Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
Units of physical quantities:
Themes, topics:
Grade of the word problem:
Related math problems and questions:
- An apple 2
An apple tree was planted two years ago. It increases at the rate of 20% every year .If at present, the height of the tree is 540 cm, what was it when the tree was planted? - The cost 15
The cost of a machine depreciates every year by 10% of its cost at the beginning of the year. If the present cost of the machine is USD 10000, find its cost after 2 years. - Present value
A bank loans a family $90,000 at a 4.5% annual interest rate to purchase a house. The family agrees to pay the loan off by making monthly payments over 15 years. How much should the monthly payment be in order to pay off the debt in 15 years? - A town 3
A town with 12,000 people has been growing at a rate of 2.5% per year. How many years ago was the population 8,000?
- Family members
Three years ago, the average age of a family of five members was 27. The present average age is also 27 after a child is included in the family. Find the age of the child. - Four years
Four years ago the average age of A and B was 18 years . If the present average age of A, B, and C is 24 years. Find the age of C after 8 years . - Future value
Suppose you invested $1000 per quarter over 15 years. If money earns an annual rate of 6.5% compounded quarterly, how much would be available at the end of the time period? How much is the interest earned?
