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P270,000 invested in a project that will produce uniform annual revenue pf P185,400 for 5 years and have a salvage value of 10% of the

P270,000 invested in a project that will produce uniform annual revenue pf P185,400 for 5 years and have a salvage value of 10% of the investment. Maintenance will be P81,000 per year, taxes and insurance 4% of the investment. The company expects capital to earn not less than 25% before income taxes. Is this a desirable investment? (Use Present Worth Method)

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