2019 June Business Mathematics and Logical reasoning and Statistics

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Question : 18 of 81
 
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A person wants to lease out a machine costing Rs. 5,00,000 for a 10 year period. It has fixed a rental of Rs. 51,272 per annum payable annually starting from the end of first year. Suppose rate of interest is 10% per annum, compounded annually on which money can be invested. To whom this agreement is favourable?
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