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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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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