Company ABC has the following Monthly Incurred Costs for the Year 2021: January = P 174, 000.00 February = P 135,200.00 March = P 200,000.00 April = P 230,000.00 May = P 260,000.00 June = P 132,000.00 July = P 35,000.00 August = P 340,000.00 September = P 170,000.00 October = P 30,000.00 November = P 230,000.00 December = P 180,000.00 What is the Equivalent Uniform Quarterly Cost incurred by the company the the available Interest rate is 12% compounded semi-annually.
Company ABC has the following Monthly Incurred Costs for the Year 2021:
January = P 174, 000.00
February = P 135,200.00
March = P 200,000.00
April = P 230,000.00
May = P 260,000.00
June = P 132,000.00
July = P 35,000.00
August = P 340,000.00
September = P 170,000.00
October = P 30,000.00
November = P 230,000.00
December = P 180,000.00
What is the Equivalent Uniform Quarterly Cost incurred by the company the the available Interest rate is 12% compounded semi-annually.
Step by step
Solved in 2 steps with 2 images