What is the equivalent uniform annual cost of the 20-year

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Maintenance expenditures for a structure with a 20-year life will come as periodic outlays for overhaul of $4,000 at the end of the 5th year, $6,000 at the end of the 10th year, and $7,500 at the end of the 15th year. With interest at 8%, what is the equivalent uniform annual cost of the 20-year period?

Reference no: EM13189670

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