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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