We want to donate a marble birdbath to the city park as a memorial to our cat,
Question:
(a) What is the capitalized cost of this project if the interest rate is 8%?
(b) How much is the present worth of this project if it is to be demolished after 75 years? The final $500 payment in the 75th year will cover the year's operating cost and the site reclamation.
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Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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