Question: Please answer the given question and show the complete solution. Thank you very much!! 2. An equipment costs P740,000 and has a maintenance cost of

Please answer the given question and show the complete solution. Thank you very much!!

Please answer the given question and show the complete solution. Thank you

2. An equipment costs P740,000 and has a maintenance cost of P50,000 every year. If it has a salvage value of P180,000 and a capitalized cost of P1,733,865.00, determine the number of useful years where the equipment can perform effectively. The interest rate is 8% compounded annually

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