The annual maintenance cost of a generator is P1000 after 1 year and it is estimated to increase 10% each year for the s
Posted: Wed Jul 06, 2022 6:20 am
The annual maintenance cost of a generator is P1000 after 1 yearand it is estimated to increase 10% each year for the subsequent 7years. Find the present worth of the maintenance cost if the rateinterest is 9% compounded annually