A commercial building has a salvage value of Php 1 million after 50 years. Annual depreciation is Php 2 M. Using the Straight Line Method, how many years after should you sell the building for Php 30 M?

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
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A commercial building has a salvage value of Php 1 million after 50 years. Annual
depreciation is Php 2 M. Using the Straight Line Method, how many years after should you sell
the building for Php 30 M?

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