Deferred Annuity : CE Board 1999

CE Tips 7:17:00 PM 1 comment:

The maintenance cost of a newly acquired equipment is P40,000 per year for the first 5 years, P60,000 per year for the next 5 years and cost of overhaul at the end of the 5th year and 8 year is P140,000. Find the equivalent uniform annual cost of maintenance if money is worth 6% compounded annually.

a. P74,701.81

b. P70,779.36

c. P77,811.43

d. P79,228.09

Solution:

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Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including works like roads, bridges, canals, dams, and buildings.