60. Maintenance expenses for a bridge on a local river are estimated to be $30,000 per year...
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60. Maintenance expenses for a bridge on a local river are estimated to be $30,000 per year for the first 10 years, followed by two separate $80,000 expenditures in years 15 and 20. The expected life of the bridge is 30 years. If i = 7% per year, what is the equivalent uniform annual expense over the entire 30- year period? (4.10)
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Engineering Economy
ISBN: 9781292265001
17th Global Edition
Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling
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