5) (17 points) Maintenance costs for a highway overpass are cyclic with the following costs occurring over a 5-year peri
Posted: Sun Jul 03, 2022 6:55 am
5) (17 points) Maintenance costs for a highway overpass are cyclic with the following costs occurring over a 5-year period. MARR is 10% per year compounded annually. EOY Maintenance Cost 1 $3 million $3 million 3 $3 million 4 $5 million 5 $5 million + $10 million a) (14 points) Compute an equivalent uniform annual cost over a single 5-year maintenance cycle. b) (3 points) It is anticipated that the sequence of costs will repeat every 5 years forever. If so, determine the capitalized cost (worth) of the maintenance costs.