orated bought a new flatbed scanner for office use its purchase, the maintenance cost of the said fla tely P2,000 and is likely to increase by 7% annual epare now to sustain the scanner's maintenance ce worth 6%2

ENGR.ECONOMIC ANALYSIS
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1. ABC Microsystems Incorporated bought a new flatbed scanner for office use. It is
estimated that a year after its purchase, the maintenance cost of the said flatbed
scanner will be approximately P2,000 and is likely to increase by 7% annually. How
much will the company prepare now to sustain the scanner's maintenance cost for the
next five years if money is worth 6%?
Transcribed Image Text:1. ABC Microsystems Incorporated bought a new flatbed scanner for office use. It is estimated that a year after its purchase, the maintenance cost of the said flatbed scanner will be approximately P2,000 and is likely to increase by 7% annually. How much will the company prepare now to sustain the scanner's maintenance cost for the next five years if money is worth 6%?
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