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Future value of initial cost (consider 10 years) of no-star geyser (in Rs.) Let’s make the problem related to the choice of geyser that we had discussed over the last assignment a little more realistic by introducing a discount rate. So, the problem here is as follows. Suppose, you want to buy a 10-litre water geyser. You have an option to buy either a 5 star or a no-star model and you have the following information.
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