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Determine the capitalized cost of a research laboratory which requires P5M for original construction, P100,000 at the end of each year for the first 6

Determine the capitalized cost of a research laboratory which requires P5M for original construction, P100,000 at the end of each year for the first 6 years and then P120,000 thereafter for operating expenses at 12% per annum. Express your answer to the nearest peso. Do not write the peso sign for the answer.

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