Find the total annual charge on an installation costing Rs. 500,000 to buy and install, the estimated life being 30 years and negligible scrap value. Interest is 4% compounded annually.

Electricity for Refrigeration, Heating, and Air Conditioning (MindTap Course List)
10th Edition
ISBN:9781337399128
Author:Russell E. Smith
Publisher:Russell E. Smith
Chapter17: Commercial And Industrial Air-conditioning Control Systems
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Find the total annual charge on an installation costing Rs. 500,000 to buy and
install, the estimated life being 30 years and negligible scrap value. Interest is 4%
compounded annually.
Transcribed Image Text:Find the total annual charge on an installation costing Rs. 500,000 to buy and install, the estimated life being 30 years and negligible scrap value. Interest is 4% compounded annually.
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