(Solved):Q: A city engineer …

Question:

Question

A city engineer must find the capitalizd cost of perpetual service from a water plant. A storage tank that costs $40,000 is needed now. In ten years, a second $60,000 tank will be needed. At that time, a $7000 pumping system with life of eight years will be installed. Pump maintenance and operation costs are $800 the first year, $900 the second,

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