Question: Can you make a problem like the given problem: A new engine was installed by a textile plant at a cost of P300,00 and projected
Can you make a problem like the given problem: A new engine was installed by a textile plant at a cost of P300,00 and projected to have a useful life of 15 years. At the end of its useful life, it is estimated to have a salvage value of P30,000. Determine its capitalized cost if interest is 18% compounded annually
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