Chapter 6 Ex C (e)
Duration: 19:50 Min | May 31, 2023
Let us C Solution Chapter 6 Exercise C.e: A machine is purchased which will produce earning of Rs. 1000 per year while it lasts. The machine costs Rs. 6000 and will have a salvage value of Rs. 2000 when it condemmed. If 9 percent per annum can be earned on alternate investments, write a program to determine what will be the minimum life of the machine to make it a more attractive investment compared to alternative investment
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