How much should a company set aside at the end of each year if it has to buy a machine expected to cost Rs.100,000 at the end of 4 years and the rate of interest is 5% per annum compounded annually? - Clay6.com, a Free resource for your JEE, AIPMT and Board Exam preparation

How much should a company set aside at the end of each year if it has to buy a machine expected to cost Rs.100,000 at the end of 4 years and the rate of interest is 5% per annum compounded annually?

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