If the interest rate is 10%, the depreciation rate of an asset is 10%, its service life is 10 years and its first cost is $10 million then EAC(Capital)for a ten-year life is
A)$1.000 million.
B)$1.060 million.
C)$1.349 million.
D)$1.409 million.
E)$1.977 million.

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The Answer of If the interest rate is 10%, the depreciation rate of an asset is 10%, its service life is 10 years and its first cost is $10 million then EAC(Capital)for a ten-year life is
A)$1.000 million.
B)$1.060 million.
C)$1.349 million.
D)$1.409 million.
E)$1.977 million.

If the Interest Rate Is 10%, the Depreciation Rate of an Asset