Question

A trader takes a lease for 5 years for Rs. 5,000. He
decides to write off lease by annuity method
providing the rate of interest at 5% p.a. The
annuity table shows that annual amount
necessary to write off Re. 1 in 5 years at 5% pa. is
Re. 0.230975. Show the lease amount for 5 years.

Answer 1

Answer:

72900 73 hrs ru is a big deal of what wrong word 3on and don't out of the nature according to a if we want to the bank tomorrow and pey for this is the answer mam and you