3. The generator set requires no maintenance until the end of 2 years when P60,000 will be needed for repairs. Afterthis, 90.000 will be needed for repairs at the end of each year for 5 years, then P120.000 at the end of each year for the next 5 years. If money is worth 14% compournded annually, what wes the equvalent uniform annual cost for the 12 year period? (10 pts) a. P 97,246 b. P79.246 c. P72,946 d. P 67.246

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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3. The generator set requires no maintenance until the end of 2 years when P60,000
will be needed for repairs. After this 90000 will be needed for repairs at the end
of each year for 5 years, then P120,000 at the end of each year for the next 5
years.
If money is worth 14% compounded annually, what was the equivalent uniform annual
Cost for the 12 year period? (10 pts)
a. P 97,246
b. P 79.246
c. P72,946
d. P 67,246
Transcribed Image Text:3. The generator set requires no maintenance until the end of 2 years when P60,000 will be needed for repairs. After this 90000 will be needed for repairs at the end of each year for 5 years, then P120,000 at the end of each year for the next 5 years. If money is worth 14% compounded annually, what was the equivalent uniform annual Cost for the 12 year period? (10 pts) a. P 97,246 b. P 79.246 c. P72,946 d. P 67,246
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