Determining the equivalent uniform annual cost


Maintenance cost for a small bridge with an expected 50 year life are estimated to be $1000 each year for the first 5 years, followed by a $10,000 expinditure in the year 30. If interest=10% per year, what is the equivalent uniform annual cost over the entire 50 year period ?

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Microeconomics: Determining the equivalent uniform annual cost
Reference No:- TGS063616

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