Capital recovery factor considers -

[Dnyan Deshmukh]

Capital recovery factor considers -

(a) developing a predetermined sum at a future data at a uniform rate

(b) consuming a predetermined sum till a future date at a uniform rate

(c) developing a predetermined sum at a future data at a uniformly varying rate

(d) consuming a predetermined sum till a future date at a uniformly varying rate.

The correct Answer Is
(b) consuming a predetermined sum till a future date at a uniform