An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method
A. P 3,279.27
B. P 3,927.27
C. P 3,729.27
D. P 3,792.72
Answer: Option B
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A. 8% is the rate of interest per year
B. Money is borrowed for n = 7 years
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B. Entrepreneurship
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A. P 43,600.10
B. P 43,489.47
C. P 43,263.91
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A. Architect/engineer
B. Construction manager
C. Owner himself/herself
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