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Discussion :: Engineering Economics

  1. The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where

    2. A.

     8% is the rate of interest per year
    B.

     Money is borrowed for n = 7 years
    C.

     Both (A) and (B)
    D.

     Neither (A) nor (B)

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    Workspace

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    Answer : Option C

    Explanation :

    Explanation Not Provided

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