The maintenance costs are 1000 per year for the first 20


The maintenance costs are $1,000 per year for the first 20 years and $3,000 per year thereafter during an infinite life span. With interest at 8% per annum, how much is the present worth of the annual disbursements?

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Business Economics: The maintenance costs are 1000 per year for the first 20
Reference No:- TGS01468440

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