MCQOPTIONS
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| 1. |
A-water pump is installed in a building at a cost of Rs. 2,500/-. The life of the pump is 15 years. The annual fund required to be deposited to accumulate the whole amount is _______(take capital recovery factor as 0.05) |
| A. | Rs. 250 |
| B. | Rs. 25 |
| C. | Rs. 625 |
| D. | Rs. 125 |
| Answer» E. | |