Maintenance expenses for a bridge on local river

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Reference no: EM131093064

Maintenance expenses for a bridge on a local river are estimated to be $30000 per year for the first 10years,followed by two separate$80000 expenditures in years15 and 20.The expected life of the bridge is 30years.ifi=7% per year, what is the equivalent uniform annual expense over the entire 30-year period?

Reference no: EM131093064

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