he maintenance cost of a new equipment is projected to start at the end of the 2nd year at an amount of P 8,000.  At the succeeding years, the maintenance cost will increase by a uniform amount, amounting to P 10,000 at the end of the 6th year.  Find the  annual equivalent maintenance cost at 8% interest. Select one: a. P 5,822 b. P 5,429 c. P 7,136 d. P 6,526

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The maintenance cost of a new equipment is projected to start at the end of the 2nd year at an amount of P 8,000.  At the succeeding years, the maintenance cost will increase by a uniform amount, amounting to P 10,000 at the end of the 6th year.  Find the  annual equivalent maintenance cost at 8% interest.

Select one:
a. P 5,822
b. P 5,429
c. P 7,136
d. P 6,526
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