A construction Equipment has a useful life of 6 years after which it has to be replaced by a new one. If the interest rate is 6% then sinking fund factor will be 0.22 0.14 0.17 0.11

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter18: Life-cycle Costing
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A construction Equipment has a useful life of 6 years after which it has to be replaced by a new one.
If the interest rate is 6% then sinking fund factor will be
0.22
0.14
0.17
0.11
Transcribed Image Text:A construction Equipment has a useful life of 6 years after which it has to be replaced by a new one. If the interest rate is 6% then sinking fund factor will be 0.22 0.14 0.17 0.11
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