Maintenance expenses for a bridge on a small river are estimated to be $2,000 per year for the first 8 years, followed by two separate $10,000 expenditures in years 12 and 18. The expected life of the bridge is 30 years. If i = 6% per year, what is the equivalent uniform annual expense over the entire 30-year period?

(Prompt: to find A with multiple cash flows)

Answer rating: 100% (QA)

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