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A new engine was installed by a textile plant at a cost of P279,000 and projected to have a useful life of 18 years. At
A new engine was installed by a textile plant at a cost of P279,000 and projected to have a useful life of 18 years. At the end of the useful life, it is estimated to have a salvage value of 20,000. Determine the capitalized cost if interest is 12% compounded semi-annually. Express your answer in whole number.
A new engine was installed by a textile plant at a cost of P279,000 and projected to have a useful life of 18 years. At the end of the useful life, it is estimated to have a salvage value of 20,000. Determine the capitalized cost if interest is 12% compounded semi-annually.
Express your answer in whole number.
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Project Finance In Theory And Practice Designing Structuring And Financing Private And Public Projects
Authors: Stefano Gatti
4th Edition
032398360X, 9780323983600
