A granite company is planning to buy a fully automated granite cutting machine. If it is purchased under down payment, the cost of the machine is Rs.16,00,000. If it is purchased under installment basis, the company has to pay 25% of the cost at the time of purchase and the remaining amount in 10 annual equal installments of Rs.2,00,000 each. Suggest the best alternative for the company using the present worth basis at i=15%, compounded annually.
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54556565555556552525252535353653 I think the answer is 7 the coumpounded Anu
Ly is 23456
Ly is 23456
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