Q49
A machine costs Rs. 20000 and its useful life is 8 years. The money is borrowed at 8% interest per annum. The capital recovery factor at 8% interest per annum for 8 years is 0.174. The annual equipment cost of the machine will be
A.
Rs. 1740
B.
Rs. 3480
AnswerC.
Rs. 5220
D.
Rs. 6960
Answer: Option B
Solution
Answer: Option B
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