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12) What is the annual worth in the following situation - North Carolina is building a monumerawith a perpetual life - they assume 5% cost

12) What is the annual worth in the following situation - North Carolina is building a monumerawith a perpetual life - they assume 5% cost of money. Cost to build the monument $2.500 5077annual cost to maintain the monument $60,000 - every 20 years major clean up projected to be$175.000.

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