Maintenance costs for small bridge with an expected 20-year, Ask an Expert

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Maintenance costs for small bridge with an expected 20-year life arc estimated to be $1000 each year for the whole period, in addition to $10.000 major expenditure in the year 10.

If interest rate is 10% per year, what is the future equivalent cost over the entire 20-year period?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92813693

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