Question: Question 12 of 12 15.0 Points NetTech is constructing a bridge that has an initial cost of $3,850,000 with monthly repair costs of $35,000. Major

 Question 12 of 12 15.0 Points NetTech is constructing a bridge

Question 12 of 12 15.0 Points NetTech is constructing a bridge that has an initial cost of $3,850,000 with monthly repair costs of $35,000. Major repairs to the bridge will have to be done every 5 years at a cost of $55,000 each time. Determine the present value of this investment if it is expected to last forever and NetTech uses a MARR of 12%. Maximum number of characters (including HTML tags added by text editor): 32,000 Show Rich-Text Edtor (and character cosnt ??Nlil

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