145 The cost associated with maintaining rural highways follows a predictable patterns. There are usually no cost for the first three years, but thereafter maintenance is required for stripping, weed control, and others, For one section of the highway, these cost are projected to be 120,000 in year 3, 140,000 in year 4, and the amount increasing by 20,000 per year through the life equivalent to 30 years. Assuming it is replaced with the similar roadway, what is the perpetual equivalent annual worth at an interest rate of 8% per year? O You have files wa To view the files now, c