Assume the cost of homeland security border fence is $3 million per mile. If the life of

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Assume the cost of homeland security border fence is $3 million per mile. If the life of such a fence is 10 years, what is the equivalent annual cost of a 10-mile long fence at an interest rate of 8% per year? Develop the answer using:

(a) tabulated factor values,

(b) a financial calculator, and

(c) spreadsheet functions.

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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