What is the equivalent uniform annual expense over entire

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Maintenance expenses for a bridge on the Ohio river are estimated to be $20000 per year for the first 8 years, followed by two separate $100000 expenditures in years 12 and 18. The expected life of the bridge is 30 years. If i=6% per year, what is the equivalent uniform annual expense over the entire 30 year period.( Show complete solution and also show Cash flow Diagram).

Reference no: EM13998665

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