Question

18. 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?
(a) Favour for lessee
(c) Not for both
(b) Favour for lessor
(d) Can't be determined​

Answer 1

Answer:

Favour for lessee. A. answer