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It is known that a bridge costs $6,000,000. to build today , and it will be in operation forever . In order to recover initial
It is known that a bridge costs $6,000,000. to build today, and it will be in operation forever. In order to recover initial investment, what should the annual revenue be in this case under 6% annual interest rate (revenue is the same every year) ?
$400,000.
$480,000.
$250,000.
$240,000.
$360,000.
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