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A city is spending 20.2 million on a new sewage system. The expected life of the system is 50 years, and it will have no market value at the end of its life. Operating and maintenance expenses dor the system are projected to average 0.6 $ million per year. if the city's MARR is 6% per year, what is the capitalized worth of the system?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91235389

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