The first cost of an electric rebar bender is P392,000 and a salvage value of P40,000 at the end of its life for 4 years. Money is worth 5.4% annually. If there is no salvage value and the annual maintenance cost is P17,000, find the annual cost of perpetual service. Express your answer in whole number.

The first cost of an electric rebar bender is P392,000 and a salvage value of P40,000 at the end of its life for 4 years. Money is worth 5.4% annually. If there is no salvage value and the annual maintenance cost is P17,000, find the annual cost of perpetual service. Express your answer in whole number.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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