at 6.2% a bridge cost P 220M with a life of 23 years. the bridge must be partially rebuilt at a cost of P 80 M at the end of each 23 years. calculate the capitalized cost if an annual maintenance of P 530000 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
icon
Related questions
Question

at 6.2% a bridge cost P 220M with a life of 23 years. the bridge must be partially rebuilt at a cost of P 80 M at the end of each 23 years. calculate the capitalized cost if an annual maintenance of P 530000 is required. Express your answer in whole number.

Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Unit conversion
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Sustainable Energy
Sustainable Energy
Civil Engineering
ISBN:
9781337551663
Author:
DUNLAP, Richard A.
Publisher:
Cengage,
Fundamentals Of Construction Estimating
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:
9781337399395
Author:
Pratt, David J.
Publisher:
Cengage,