It costs P500, 000 at the end of each year to maintain a section of Kennon Road. If money is worth 10%, how much would it pay to spend immediately to reduce the annual cost by P100, 000. a. 4, 000, 000 b. 4, 200, 000 C. 3, 800, 000 d. 3, 600, 000

It costs P500, 000 at the end of each year to maintain a section of Kennon Road. If money is worth 10%, how much would it pay to spend immediately to reduce the annual cost by P100, 000. a. 4, 000, 000 b. 4, 200, 000 C. 3, 800, 000 d. 3, 600, 000

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 19P

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Question

#17, ENGENEERING ECONOMICS

It costs P500, 000 at the end of each year to maintain a section of Kennon Road. If
money is worth 10%, how much would it pay to spend immediately to reduce the
annual cost by P100, 000.
a. 4, 000, 000
b. 4, 200, 000
C. 3, 800, 000
d. 3, 600, 000

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