Engineering, 29.12.2020 21:50, snikergrace

A road is constructed at the capital cost of $6 million. At the end of Year 10, major improvements are to be made costing $17 million. At the end of Year 25, a replacement and upgrade is to be done at a cost of $29 million. At the end of year 40, the federal government issues a one-time tax credit in the amount of $12 million. Over a 50-year analysis period (assuming a 10% interest rate) what is the annualized cost to the nearest dollar?

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A road is constructed at the capital cost of $6 million. At the end of Year 10, major improvements a...