A factory is constructed at a 1st cost of P 8,000,000 and with an estimated salvage value of P 200,000 at the end of 25 years. Find its appraised value to the nearest 100 at the end of 10 years by using sinking fund of depreciation assuming an interest of 5%. Ans. P 5,944,400

A factory is constructed at a 1st cost of P 8,000,000 and with an estimated salvage value of P 200,000 at the end of 25 years. Find its appraised value to the nearest 100 at the end of 10 years by using sinking fund of depreciation assuming an interest of 5%. Ans. P 5,944,400

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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Question

A factory is constructed at a 1st cost of P 8,000,000 and
with an estimated salvage value of P 200,000 at the end of 25
years. Find its appraised value to the nearest 100 at the end of 10
years by using sinking fund of depreciation assuming an interest
of 5%.
Ans. P 5,944,400

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