Computer · Estimating, Costing and Valuation
A certain amount of the gross rent is set aside annually to accumulate the total cost of construction when the life of the building is over. This is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Salvage value
- 2Loss of rent
- 3Market value
- 4Sinking fund✓
Correct answer
Sinking fund
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