Question: Maintenance costs for a small bridge with an expected life 50-years are estimated to be $1,000 each year for the first 8 years, followed by
Maintenance costs for a small bridge with an expected life 50-years are estimated to be $1,000 each year for the first 8 years, followed by a $15,000 expenditure at the end of year 20 and a $15,000 expenditure at the end of year 30. If i = 10% per year, what is the equivalent uniform annual cost over the entire 50-year-period
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