Maintenance expenses for a bridge on a local river are, Ask an Expert

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Maintenance expenses for a bridge on a local river are estimated to be $30000 per year for the first 10years,followed by two separate$80000 expenditures in years15 and20.The expected life of the bridge is 30y ears. if i=7 % per year, what is the equivalent uniform annual expense over the entire 30-year period?

Note:draw cash flow and solve F/A

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