A city is spending $20.3 million on a new sewage system. the expected life of the system is 50 years. and it will have no market value at the end of its life. operatikg and maintance expenses for the system is average $0.5 million per year. If the citys MARR is %10 per year . what is the capitalized worth of the system? the study period is 100 years.
A city is spending $20.3 million on a new sewage system. the expected life of the system is 50 years. and it will have no market value at the end of its life. operatikg and maintance expenses for the system is average $0.5 million per year. If the citys MARR is %10 per year . what is the capitalized worth of the system? the study period is 100 years.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A city is spending $20.3 million on a new sewage system. the expected life of the system is 50 years. and it will have no market value at the end of its life. operatikg and maintance expenses for the system is average $0.5 million per year. If the citys MARR is %10 per year . what is the capitalized worth of the system? the study period is 100 years.
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