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What is the annual worth

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Question - An investment of Php 240,000 has an annual income of Php 180000 for 9 years. its salvage value is Php13000. additional expenses are

Maintenance cost Php40000

Operational cost Php39000

Taxes on first cost 4%

If money is worth 18%

a. What is the rate of return?

b. What is the annual worth?

c. Is the desirable investment?

Reference no: EM132935409

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