What is equivalent uniform annual cost over year period

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Maintenance costs for small bridge with an expected 50- year life are to be $1000 each year for the whole period, in addition to $10,000 major in the year 15 and another major expenditure of $20,000 in the year 30. If rate is 10% per year, what is the equivalent uniform annual cost over the year period?

Reference no: EM131387090

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