Determine what is present worth of maintaining the bridge

Reference no: EM13300355

Maintenance expenses for a bridge in west Tennessee are estimated to be $200,000 for the first eight years followed by two separate million dollar expenditures in years 12 and 18. The expected life of the bridge is thirty years. For i=6% what is the present worth of maintaining the bridge?

Reference no: EM13300355

Questions Cloud

Distinguish between ethical and legal principles : Distinguish between ethical and legal principles and practices and define your concept of ethical behavior as it relates to the purchasing and supply management function.

How as the office manager might be involved : As an office manager how should I approach the creation of the firm's operating budget.

Explain the possible values of the angular momentum quantum : What are the possible values of the angular momentum quantum number l A.)represented by the formula: l = 2k + 1, where k is a positive integer B

Why setting price by marketing cost is inherently circular : Wendel Stove Company is developing a "professional" model stove aimed at the home market. The company estimates that variable costs will be $2,000 peer unit and fixed costs will be $10,000.000 per year.

Determine what is present worth of maintaining the bridge : Maintenance expenses for a bridge in west Tennessee are estimated to be $200,000 for the first eight years followed by two separate million dollar expenditures in years 12 and 18. The expected life of the bridge is thirty years.

What is the uncertainty in velocity : An electron has an uncertainty in its position of 594pm . What is the uncertainty in its velocity?

What are the main types of instruments used in gagaku : How does gagaku reflect Japan’s interactions with other culture? What are the main types of instruments used in gagaku, and what roles do they play? How has the context of gagaku changed over time in Japan?

Define sulfur and fluorine react in a combination reaction : Sulfur and fluorine react in a combination reaction to produce sulfur hexafluoride: The maximum amount of SF6 that can be produced from the reaction of 3.5 g of sulfur with 4.5 g of fluorine is

How much can be afford to spend for a car averaging : How much (in addition to your trade-in value) can you afford to spend for a car averaging 30 mpg You expect to drive 15,000 mile/year and expect gasoline to cost $4.00/gallon and you will keep he car 10 years. Your personal interest rate is 6%/yea..

User Account

All Pages