The cost of a new car is Rs 10,000. Compare the optimum moment of replacement assuming the
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The cost of a new car is Rs 10,000. Compare the optimum moment of replacement assuming the following cost informations
Assume that the repairs are made at the end of each year only if the car is to be retained and are not necessary if the car is to be sold for its salvage value. Also assume that the rate of discount is 10%.
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