The maintenance for a bus, whose life is 10 years, is $1500 per year starting thefourth year, increasing by $200 for each successive year. What is the presentworth of maintenance cost? Given the interest rate of 6%

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Answered: year, increasing by ccessi year. worth…

Engineering

Civil Engineering

year, increasing by ccessi year. worth of maintenance cost? Given the interest rate of 6% is the present

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter18: Life-cycle Costing

Section: Chapter Questions

Problem 9RQ

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The maintenance for a bus, whose life is 10 years, is $1500 per year starting the
fourth year, increasing by $200 for each successive year. What is the present
worth of maintenance cost? Given the interest rate of 6%

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