Business, 21.02.2020 05:28, linreaburg

Maintenance costs on a bridge are $5,000 every five years starting at the end of year 5. For analysis purposes, the bridge is assumed to have an infinite life. What is the Capitalized Equivalent (CE) cost of these infinite payments, assuming an annual interest rate of 10% compounded annually?

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Maintenance costs on a bridge are $5,000 every five years starting at the end of year 5. For analysi...