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Homework answers / question archive / Maintenance costs for a new bridge with an expected 50-year life are estimated to be $1,000 each year for the first 5 years, followed by a $10,000 expenditure in the fifteenth year and a $10,000 expenditure in year 30
Maintenance costs for a new bridge with an expected 50-year life are estimated to be $1,000 each year for the first 5 years, followed by a $10,000 expenditure in the fifteenth year and a $10,000 expenditure in year 30. If i = 10% per year, what is the equivalent uniform annual cost over the entire 50-year-period? 5),6) What yearly deposits would be equivalent to a deposit of 600 TL every 6 months for 2 years if the interest rate is 24% per year compounded quarterly?
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