A consortium of international telecommunication companies contracted for the purchase and installation of fiber optic cable linking Manila City and Cebu City at a total cost of P 960 million. This amount includes freight and installation charges estimated at 10% of the above total contract price. If the cable shall be depreciated over a period of 15 years with zero salvage value and money is worth 6% per annum, what is the annual depreciation charge?

A consortium of international telecommunication companies contracted for the purchase and installation of fiber optic cable linking Manila City and Cebu City at a total cost of P 960 million. This amount includes freight and installation charges estimated at 10% of the above total contract price. If the cable shall be depreciated over a period of 15 years with zero salvage value and money is worth 6% per annum, what is the annual depreciation charge?

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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