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Maintenance cost of an equipment is P20,000 for 2 years, P40,000 at the end of 4 years and P80,000 at the end of 8 years. Compute for the semi-annual amount that be set aside for this equipment. Money worth 10% compounded annually.
P7,954
P7,425
P8,098
P9,032
Answer:
P7,425
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