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

Economics

Maintenance expenses for a bridge on the Ohio river are estimated to be $20000 per year for the first 8 years, followed by two separate $100000 expenditures in years 12 and 18. The expected life of the bridge is 30 years. If i=6% per year, what is the equivalent uniform annual expense over the entire 30 year period.( Show complete solution and also show Cash flow Diagram).

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91707492

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