Question
The value of a machine depreciates every year by 12%.
What will be its value after 2 year if its value is Rs 19,650?Solution
Required answer = 19,650 × 88/100 × 88/100 = 15,216.96
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What is the purpose of a "loss adjuster"?
Coverage for property taken or destroyed by breaking and entering the insured’s premises, burglary or theft, forgery or counterfeiting, fraud, kidnap ...
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