7.9%, a bridge cost P 240M with a life of 18 years. The bridge must be partially rebuilt at a cost of P 90 M at the end of each 18 years. Calculate the capitalized cost if an annual maintenance of P 560,000 is required. Express your answer in whole number.

7.9%, a bridge cost P 240M with a life of 18 years. The bridge must be partially rebuilt at a cost of P 90 M at the end of each 18 years. Calculate the capitalized cost if an annual maintenance of P 560,000 is required. Express your answer in whole number.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter9: Pricing Construction Equipment

Section: Chapter Questions

Problem 6RQ

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At 7.9%, a bridge cost P 240M with a life of 18 years. The bridge must be partially rebuilt at a cost of P 90 M at the end of each 18 years. Calculate the capitalized cost if an annual maintenance of P 560,000 is required. Express your answer in whole number.

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