Answer to Question #240591 in Civil and Environmental Engineering for Alan Enrico V Tuib

Question #240591
A new engine was installed by a cement plant at a cost of P800,000 and projected to have a useful life
of 25 years. At the end of the useful life, it is estimated to have a salvage value of P40,000. Determine
its capitalized cost if interest is 14% compounded annually.
1
Expert's answer
2021-09-26T11:59:17-0400

Capitalozed cost= (P800,000- P40,000)/ 25 years

= 30,400


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS