A city is spending $19.919.9 million on a new sewage system. The expected life of the system is 3030 years, and it will have no market value at the end of its life. Operating and maintenance expenses for the system are projected to average $0.80.8 million per year. If the city's MARR is 1111% per year, what is the capitalized worth of the system? The study period is 100 years.
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A city is spending $19.919.9 million on a new sewage system. The expected life of the system is 3030...
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