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________________?

Civil Engineering Mcqs

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

Submitted By :Ali Uppal

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