2022 June Business Mathematics and Logical reasoning and Statistics
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Question : 18 of 100
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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 per annum, compounded annually on which money can be invested. To whom this agreement is favourable?
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