Discussion :: Chemical Engineering Plant Economics
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An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the
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A.
manufacturing cost.
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B.
depreciation by sinking fund method.
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C.
discrete compound interest.
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D.
cash ratio.
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Answer : Option B
Explanation :
No answer description available for this question.
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