A company manufactures transducers. It is investigating whether it should update certain equipment now or wait to do it later. If the cost now is ₹10,00,000, what will be the equivalent amount 5 years from now at an interest rate of 8% per year?
A company manufactures transducers. It is investigating whether it should update certain equipment now or wait to do it later. If the cost now is ₹10,00,000, what will be the equivalent amount 5 years from now at an interest rate of 8% per year?