engineering recuitment PGCIL Diploma Trainee Mock Test 2024 Estimating, Cost and Valuation Valuation
If ‘i' is the rate of interest expressed in decimal and ‘n’ is the number of years, then coefficient of annual sinking fund, Ic is
1
\({I_c} = \frac{{\left[ {{{\left( {1 + i} \right)}^n} - 1} \right]}}{{\left( {1 + i} \right) - 1}}\)
2
\({I_c} = \frac{i}{{{{\left( {1 + i} \right)}^n} - 1}}\)
3
\({I_c} = \frac{i}{{{{\left( {1 - i} \right)}^n} + 1}}\)
4
\({I_c} = \frac{i}{{{{\left( {1 + i} \right)}^n} + 1}}\)