Maintenance costs for a small bridge with expected 50-year

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Maintenance costs for a small bridge with expected 50-year life are estimated to be $1,000 each year for the first 5 years, followed by a $10,000 expenditure in the year 15 and a $10,000 expenditure in year 30. If i = 10% per year, what is the equivalent uniform annual cost over the entire 50-year-period?

Reference no: EM13609914

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