Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I will upvote when you answer these 3 questions. thank you Given: The cost of an asphalt pavement is as follows: Initial cost = Php20,000,000

I will upvote when you answer these 3 questions. thank you image text in transcribed
Given: The cost of an asphalt pavement is as follows: Initial cost = Php20,000,000 Annual maintenance = Php1,500,000 Additional maintenance every 5 years = Php3,000,000 Cost of money, i = 8% Questions: 1. What is the equivalent annual cost of this pavement? a. Php3611369 b. Php4125568 c. Php3874562 d. Php3125745 2. What is the present worth of all additional maintenance costs for 25 years? a. Php6547125 b. Php5653254 c. Php4852365 d. Php5458753 3. What is the present worth of all the costs for 25 years? a. Php20235653 b. Php19256365 c. Php21470938 d. Php18256365 Given: The cost of an asphalt pavement is as follows: Initial cost = Php20,000,000 Annual maintenance = Php1,500,000 Additional maintenance every 5 years = Php3,000,000 Cost of money, i = 8% Questions: 1. What is the equivalent annual cost of this pavement? a. Php3611369 b. Php4125568 c. Php3874562 d. Php3125745 2. What is the present worth of all additional maintenance costs for 25 years? a. Php6547125 b. Php5653254 c. Php4852365 d. Php5458753 3. What is the present worth of all the costs for 25 years? a. Php20235653 b. Php19256365 c. Php21470938 d. Php18256365

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Control And Audit In Management Accounting Cima Stage 4

Authors: Jeff Coates, Colin Rickwood, Ray Stacey

1st Edition

0750609958, 978-0750609951

More Books

Students also viewed these Accounting questions

Question

1. Identify three approaches to culture.

Answered: 1 week ago

Question

2. Define communication.

Answered: 1 week ago