The generator set requires no maintenance until the end of 2 years when P60,000 will be needed for repairs. After this, 90,000 will be needed for repairs at the end of each year for 5 years, then P120,000 at the end of each year for the next 5 years. If money is worth 14% compounded annually, what was the equivalent uniform annual cost for the 12 year period?

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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Engineering Economics 

  1. The generator set requires no maintenance until the end of 2 years when P60,000 will be needed for repairs. After this, 90,000 will be needed for repairs at the end of each year for 5 years, then P120,000 at the end of each year for the next 5 years.

If money is worth 14% compounded annually, what was the equivalent uniform annual cost for the 12 year period?

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