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Engineering economy question...please help! Detailed steps greatly appreciated thank you! 5. Use capitalized cost to determine which type of road surface is preferred on a

Engineering economy question...please help!
Detailed steps greatly appreciated thank you! image text in transcribed
5. Use capitalized cost to determine which type of road surface is preferred on a particular section of highway. Use 12% interest rate. First cost Annual maintenence Periodic resurfacing350,000 $500,000 35,000 00,000 $700,00 25,000 450,000 Resurfacing interval 10 years 15 years

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