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please help me solve this show work Air conditioning for a college dormitory will cost $1,600,000 to install and $210,000 per year to operate. The
please help me solve this show work
Air conditioning for a college dormitory will cost $1,600,000 to install and $210,000 per year to operate. The system should last 25 years. The real cost of capital is 5% and the college pays no taxes. What is the equivalent annual cost? $29,642.02 $182,389.13 $323,523.93 $349,405.85Step by Step Solution
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