Business
Business, 22.02.2020 04:14, sydney6384

The Golden Gate bridge is maintained by 17 ironworkers, who replace corroding steel and rivets, and 38 painters. If the painters have an average wage of $120,000 per year with benefits and the ironworkers get $150,000, what is the capitalized cost today of all the future wages for bridge maintenance at an interest rate of 8% per year?

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The Golden Gate bridge is maintained by 17 ironworkers, who replace corroding steel and rivets, and...

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