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Q. |
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 |
C. | Rs. 5220 |
D. | Rs. 6960 |
Answer» B. Rs. 3480 |
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