Question 37 A new engine was installed by a textie plant at cost of P and projected to have a useful life of 11 years. At the end of its useful life, it is estimated to have a salvage value of P21,00 capitalized cost is P300,000. Determine the first cost Pif interest is 16% compounded annually Express your answer in whole number

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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Question 37
A new engine was installed by a textle plant at cost of P and projected to have a useful life of 11 years. At the end of its useful life, it is estimated to have a salvage value of P21,000 The
capitalized cost is P300,000. Determine the first cost P if interest is 16% compounded annually.
Express your answer in whole number
K< Question 37 of
Transcribed Image Text:Question 37 A new engine was installed by a textle plant at cost of P and projected to have a useful life of 11 years. At the end of its useful life, it is estimated to have a salvage value of P21,000 The capitalized cost is P300,000. Determine the first cost P if interest is 16% compounded annually. Express your answer in whole number K< Question 37 of
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