A new bridge with an infinite life is expected to have a first cost of $ 55 million. It will have a maintenance cost of $ 103,323.5 per year. An interest rate of 10% per year, its AW is: ....................$ million (round to Two Decimal)
Annual worth of first cost =$55,000,000×10%= $5,500,000
Maintance cost per year =$103,323.5
Net Annual worth= ($5,500,000-$103,323.5) =$5,396,676.5
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A new bridge with an infinite life is expected to have a first cost of $...
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please solve using factors
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