The Rizal Park is maintained by 17 guards, who patrols the around 24 hours rotationally and 38 streetsweepers. If the streetsweepers have an average wage of Php 250,000 per year with benefits and the guards get Php 200,000. What is the capitalized cost today of all the future wages for park maintenance at an interest rate of 8% per year?

The Rizal Park is maintained by 17 guards, who patrols the around 24 hours rotationally and 38 streetsweepers. If the streetsweepers have an average wage of Php 250,000 per year with benefits and the guards get Php 200,000. What is the capitalized cost today of all the future wages for park maintenance at an interest rate of 8% per year?

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 30P

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