A construction firm is considering establishing an engineering computing center. The center will be equipped with three

Question:

A construction firm is considering establishing an engineering computing center. The center will be equipped with three engineering workstations that cost $45,000 each, and each has a service life of five years. The expected of each workstation is $2,000. The annual operating and maintenance cost would be $25,000 for each workstation. At a of 15%, determine the equivalent annual cost for operating the engineering center.
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