TASC General Mathematics Level 3 Practice Questions - Tasmanian Assessment, Standards And Certification General Mathematics Level 3 (MTG315123) Exam

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Industrial machinery costing $80,000 depreciates at a reducing balance rate of 15% per annum. Calculate the value of the machinery at the end of 4 years, rounded to the nearest dollar.

$$32,000 $$41,760 $$49,130 $$68,000

Correct Answer:

$$41,760

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