What is the eac of a road that costs

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What is the EAC of a road that costs $450,000 to build and $12,000 per year for street cleaning? The road is restriped every 2 years for $28,000 and is repaved every 10 years for $290,000. Assume the road will last 60 years and the interest rate is 8%.

Reference no: EM131807015

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