Question: QA dam will have a first cost of Php 364,000,000, an annual maintenance of Php 10,000,000 and minor reconstruction costs of Pho 3,620,000 every six

QA dam will have a first cost of Php 364,000,000,

QA dam will have a first cost of Php 364,000,000, an annual maintenance of Php 10,000,000 and minor reconstruction costs of Pho 3,620,000 every six years. At an interest rate of 5% per year, the capitalized cost of the dam is nearest to? Please not use of excel

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