Problem
A remote site can be protected from wildfires through earthworks and fire-resistant construction at a cost of $100,000. Every 4 years after the initial constructions, brush clearing will cost $12,000. Over the structure's 60-year life at i = 8%, what is the EAC of the fire protection?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.