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
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