10. A house constructed at the cost of ₱112,500 is expected to last 30 years, at the end of which time its renewal cost will be ₱60,000 annual repairs and maintenance are ₱4,500. What is the capitalized cost of the house at an interest of 6%?
10. A house constructed at the cost of ₱112,500 is expected to last 30 years, at the end of which time its renewal cost will be ₱60,000 annual repairs and maintenance are ₱4,500. What is the capitalized cost of the house at an interest of 6%?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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10. A house constructed at the cost of ₱112,500 is expected to last 30 years, at the end of which time its renewal cost will be ₱60,000 annual repairs and maintenance are ₱4,500. What is the capitalized cost of the house at an interest of 6%?
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