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
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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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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