What is the equivalent uniform annual cost of maintenance

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Reference no: EM131200459

Maintenance expenditures for a structure with a twenty-year life will come as periodic outlays of $1,000 at the end of the fifth year, $2,000 at the end of the tenth year, and $3,500 at the end of the fifteenth year. With interest at 10%, what is the equivalent uniform annual cost of maintenance for the twenty-year period?

a) $200

b) $262

c) $300

d) $325

Reference no: EM131200459

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