Question
A new bridge with an infinite life is expected to have a first cost of $ 55 million. It will have a maintenance cost of
A new bridge with an infinite life is expected to have a first cost of $ 55 million. It will have a maintenance cost of $ 103,323.5 per year. An interest rate of 10% per year, its AW is: ....................$ million (round to Two Decimal)
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Accounting Principles Volume 1
Authors: Jerry A. Weygandt, Paul D. Kimmel, Donald E. Kieso
11th Edition
1118751752, 978-1118751756
