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The initial construction cost for a dam with infinite life is $150000. Regular minor maintenance cost is predicted to be $3500 per year. There is

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The initial construction cost for a dam with infinite life is $150000. Regular minor maintenance cost is predicted to be $3500 per year. There is a need for major maintenance every 10 years with cost of $8000. MARR is 6%. What would be the present worth of total costs. (5/100) O a $198450 O b. $218450 Oc. $195438 Od $208543

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