What is the annual worth in the following situation North

Last updated: 12/13/2023

What is the annual worth in the following situation North Carolina is building a monument with a perpetual life they assume 6 cost of money The cost to build the monument 2 000 000 Annual cost to maintain the monument 60 000 Every 20 years there will be a major cleaning required that will cost 175 000 O 60 000 O 109 165 O 138 875 184 757