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The AMC charges for a water purifier costs Rs . 2 5 0 0 per year starting now. The AMC costs increase by Rs .

The AMC charges for a water purifier costs Rs.2500 per year starting now. The AMC costs increase by Rs.100 each year. The purchaser skips the AMC in the 3rd year. For a period of 8 years, calculate the equivalent annual series. Assume an interest rate of 8%.

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