What is the equivalent uniform annual expense

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Maintenance expenses for a bridge on the ohio river are stimated to be $20,000 per year for the first 8 years, followed by two separate $100,000 expenditures in years 12 and 18. the expected life of the bridge is 30 years. If i=6% per year, what is the equivalent uniform annual expense over the entire 30-year period?

Reference no: EM13892134

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