The first cost of an electric rebar bender is P332,000 and a salvage value of P46,000 at the end of its life for 6 years. Money is worth 7.8% annually. If there is no salvage value and the annual maintenance cost is P19,000, find the annual cost of perpetual service. Express your answer in whole number.

The first cost of an electric rebar bender is P332,000 and a salvage value of P46,000 at the end of its life for 6 years. Money is worth 7.8% annually. If there is no salvage value and the annual maintenance cost is P19,000, find the annual cost of perpetual service. Express your answer in whole number.

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter9: Pricing Construction Equipment

Section: Chapter Questions

Problem 6RQ

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