Calculate the years purchase for a property of useful life of 30 years and the rate of interest of 5% per annum. The rate of interest for the sinking fund is 3%.

Calculate the years purchase for a property of useful life of 30 years

1.	Calculate the years purchase for a property of useful life of 30 years and the rate of interest of 5% per annum. The rate of interest for the sinking fund is 3%.
A.	12.5
B.	14
C.	17
D.	22
Answer» C. 17

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Calculate the years purchase for a property of useful life of 30 years and the rate of interest of 5% per annum. The rate of interest for the sinking fund is 3%.

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