A mine will have a net annual income of P400,000 annually for 15 years. Determine its value if the annual dividend rate is to be 12%, payable annually and the sinking fund is to accumulate 7% annually

A mine will have a net annual income of P400,000 annually for 15 years. Determine its value if the annual dividend rate is to be 12%, payable annually and the sinking fund is to accumulate 7% annually

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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