Question: please help me with this problem please. Problem 5 (15 points) The Golden Gate bridge is maintained by 17 ironworkers, who replace corroding steel and
please help me with this problem please.
Problem 5 (15 points) The Golden Gate bridge is maintained by 17 ironworkers, who replace corroding steel and rivets, and 38 painters. If the painters have an average wage of $90,000 per year with benefits and the ironworkers get $110,000 per year, what is the capitalized cost today of all the future wages for bridge maintenance at an interest rate of 5% per year
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