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ElectricalEconomics for Engineers
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Maintenance costs for a backhoe were Rs. 1,200 in year 1, Rs. 1500 in year 2, Rs. 1650 in year 3, and Rs. 1700 in year 4. If the interest rate is 7%, the equivalent uniform annual maintenance cost for the 4 years is approximately

A

Rs. 1,284

B

Rs. 1,498

C

Rs. 1,513

D

Rs. 1,610

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