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A company that sells high-purity laboratory chemicals is considering investing in new equipment that will reduce cardboard costs by better matching the size of the products to be shipped to the size of the shipping container. If the new equipment will cost Php 220,000 to purchase and install, how much must the company save each year for 3 years in order to justify the investment, if the interest rate is 10% per year? О а. Р88646 O b. P 88664 Oc. P 88446 O d. P 88464

A company that sells high-purity laboratory chemicals is considering investing in new equipment that will reduce cardboard costs by better matching the size of the products to be shipped to the size of the shipping container. If the new equipment will cost Php 220,000 to purchase and install, how much must the company save each year for 3 years in order to justify the investment, if the interest rate is 10% per year? О а. Р88646 O b. P 88664 Oc. P 88446 O d. P 88464

Structural Analysis
Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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A company that sells high-purity laboratory chemicals is considering investing in new equipment that will reduce cardboard costs by better matching the size of the products to be shipped to the size of the shipping container. If the new equipment will cost Php 220,000 to purchase and install, how much must the company save each year for 3 years in order to justify the investment, if the interest rate is 10% per year? О а. Р88646 O b. P 88664 О с. Р88446 O d. P 88464
Transcribed Image Text:A company that sells high-purity laboratory chemicals is considering investing in new equipment that will reduce cardboard costs by better matching the size of the products to be shipped to the size of the shipping container. If the new equipment will cost Php 220,000 to purchase and install, how much must the company save each year for 3 years in order to justify the investment, if the interest rate is 10% per year? О а. Р88646 O b. P 88664 О с. Р88446 O d. P 88464
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