Calculate the capitalized cost of a project that has an initial cost of P 3,000,000  and an additional cost of P 1,000, 000 at the end of every 10 yrs. The annual  operating costs will be P100, 000 at the end of every year for the first 4 years and  P160, 000 thereafter. In addition, there is expected to be recurring major rework  cost of P 300,000 every 13 yrs. Assume i =15%. Calculate it manually, not in excel. Show complete solution and formula used. Please write it in a paper in order for us to understand. Don't type it. Thank you! ANS. P 4,281,935.95

Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
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Calculate the capitalized cost of a project that has an initial cost of P 3,000,000 
and an additional cost of P 1,000, 000 at the end of every 10 yrs. The annual 
operating costs will be P100, 000 at the end of every year for the first 4 years and 
P160, 000 thereafter. In addition, there is expected to be recurring major rework 
cost of P 300,000 every 13 yrs. Assume i =15%. Calculate it manually, not in excel. Show complete solution and formula used. Please write it in a paper in order for us to understand. Don't type it. Thank you!

ANS. P 4,281,935.95

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