Maintenance cost of an equipment is ₱20,000.00 for 2 years, ₱40,000.00 at the end of 4 years and ₱80,000.00 at the end of 8 years. Compute for the semi-annual amount that be set aside for this equipment. Money worth 10% compounded annually. (Ans: ₱7,425.00)
Maintenance cost of an equipment is ₱20,000.00 for 2 years, ₱40,000.00 at the end of 4 years and ₱80,000.00 at the end of 8 years. Compute for the semi-annual amount that be set aside for this equipment. Money worth 10% compounded annually. (Ans: ₱7,425.00)
Chapter11: Capital Budgeting And Risk
Section: Chapter Questions
Problem 15P
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Maintenance cost of an equipment is ₱20,000.00 for 2 years, ₱40,000.00 at the end of 4 years and ₱80,000.00 at the end of 8 years. Compute for the semi-annual amount that be set aside for this equipment. Money worth 10% compounded annually. (Ans: ₱7,425.00)
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