Calculate the value of year's purchase for an old building if its future life is 20 years and the rate of interest is 6% on capital and 5% for sinking fund.

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 4RQ
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Calculate the value of year's purchase for an old
building if its future life is 20 years and the rate of
interest is 6% on capital and 5% for sinking fund.
Transcribed Image Text:Calculate the value of year's purchase for an old building if its future life is 20 years and the rate of interest is 6% on capital and 5% for sinking fund.
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9781337399395
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