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A municipality decided to build a new bridge to accommodate the city's growing traffic across the river. It has to pay $200,000 to construct the

A municipality decided to build a new bridge to accommodate the city's growing traffic across the river. It has to pay $200,000 to construct the bridge plus $15,000 per year for its maintenance. Assuming that the bridge will have an infinite service life calculate the present worth of the project's total costs at a 10% interest rate.

Possible Answers

A. $201,500

B. $350,000

C. $280,000

D. $325,000

E. $215,000

with explanation please

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