The annual maintenance cost is estimated to be 100k. a, Ask an Expert

Economics

A bridge in a metropolitan area is being considered at a cost of $120M. The annual maintenance cost is estimated to be $100K. A major renovation at a cost of $50M is required every 100 years. What is the capitalized cost of the bridge at an interest rate of 5%?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9439915

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