A bridge has maintenance costs of 80000 now 100000 seven


A bridge has maintenance costs of $80,000 now, $100,000 seven years from now, and annual costs of $10,000 per year starting in year 10 and lasting forever. What is the equivalent annual cost if the interest rate is 10% per year?

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Business Economics: A bridge has maintenance costs of 80000 now 100000 seven
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