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A project has a first cost of P7500, operating and maintenance costs of P10000 during each year of its 8year life, and a P1500 salvage
A project has a first cost of P7500, operating and maintenance costs of P10000 during each year of its 8year life, and a P1500 salvage value. What is its equivalent uniform annual cost (EUAC) if the interest rate is 12%?
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