A new bridge across the allegheny river in pittsburgh is, Ask an Expert

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A new bridge across the Allegheny River in Pittsburgh is expected to be permanent and will have an initial cost of $30 million. This bridge must be resurfaced every 5 years at a cost of $1 million. The annual inspection and operating costs are estimated to be $50,000. Determine its equivalent annual worth at an interest rate of 10% per year.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92408283

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