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Company may obtain a machine either by leasing it for 5 years (useful life) at an annual rent of ₹2,000 or by purchasing the machine for ₹8,100. If the company can borrow money at 18% per annum, which alternative is preferable? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Company may obtain a machine either by leasing it for 5 years (useful life) at an annual rent of ₹2,000 or by purchasing the machine for ₹8,100. If the company can borrow money at 18% per annum, which alternative is preferable? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Company may obtain a machine either by leasing it for 5 years (useful life) at an annual rent of ₹2,000 or by purchasing the machine for ₹8,100. If the company can borrow money at 18% per annum, which alternative is preferable?.

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