At 4.8%, a bridge cost P 290M with a life of 24 years. The bridge must be partially rebuilt at a cost of P 90 M at the end of each 24 years. Calculate the capitalized cost if an annual maintenance of P 490,000 is required. Express your answer in whole number.
At 4.8%, a bridge cost P 290M with a life of 24 years. The bridge must be partially rebuilt at a cost of P 90 M at the end of each 24 years. Calculate the capitalized cost if an annual maintenance of P 490,000 is required. Express your answer in whole number.
Sustainable Energy
2nd Edition
ISBN:9781337551663
Author:DUNLAP, Richard A.
Publisher:DUNLAP, Richard A.
Chapter2: Past, Present, And Future World Energy Use
Section: Chapter Questions
Problem 12P
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At 4.8%, a bridge cost P 290M with a life of 24 years. The bridge must be partially rebuilt at a cost of P 90 M at the end of each 24 years. Calculate the capitalized cost if an annual maintenance of P 490,000 is required. Express your answer in whole number.
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