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A project capitalized for ₱25,000 invested in depreciable assets will earn a uniform, annual income of ₱29647 in 10 year

Posted: Sun Jun 05, 2022 10:50 am
by answerhappygod
A project capitalized for ₱25,000 invested in depreciable assets
will earn a uniform, annual income of ₱29647 in 10 years. The cost
for operation and maintenance total ₱5,000 a year, and annual taxes
and insurance will cost 5% of the investment. The company expects
its capital to earn 14% before income taxes.

Using the Annual Worth method, what is the total annual
cost of the project?