A dam will have a first cost of Php 50,000,000 an annual maintenance cost of Php 250,000 and minor repair cost of Php 1,000,000 every 5 years at interest rate of 8% per year.What is the capitalized cost?

A dam will have a first cost of Php 50,000,000 an annual maintenance cost of Php 250,000 and minor repair cost of Php 1,000,000 every 5 years at interest rate of 8% per year.What is the capitalized cost?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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3. A dam will have a first cost of Php 50,000,000 an annual
maintenance cost of Php 250,000 and minor repair cost
of Php 1,000,000 every 5 years at interest rate of 8%
per year.What is the capitalized cost?

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