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15. The Philippines Society of Mechanical Engineer is planning to co own building. Two proposals are being considered: a. The construction of the building now

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15. The Philippines Society of Mechanical Engineer is planning to co own building. Two proposals are being considered: a. The construction of the building now to cost P400, 000. b. The construction of a smaller building now to cost P300, 000 end of 5 years, an extension to be added to cost P200, 0 proposal is more economical, if interest is 20% depre disregarded and by how much

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