Please solve with the step and no reject I'm needed max in 60 minutes thank u Cost of a machinery is IDR 10 Billion and the economic life of the machinery is 20 year. Assuming the interest rate is per year is 12%, what is the user cost of capital per year and rate per dollar (r) of capital?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Please solve with the step and no reject I'm needed max in 60 minutes thank u

Cost of a machinery is IDR 10 Billion and the economic life of the machinery is 20 year.

Assuming the interest rate is per year is 12%, what is the user cost of capital per year and rate per dollar (r) of capital?

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