A municipality decided to build a new bridge to accommodate the city's growing traffic across the river. It has to pay $200 000 to construct the bridge plus $15 000 per year for its maintenance. Assuming that the bridge will have an infinite service life, calculate the present worth of the project at 10% interest rate.
A)$201 500
B)-$215 000
C)$280 000
D)$350 000
E)-$350 000

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The Answer of A municipality decided to build a new bridge to accommodate the city's growing traffic across the river. It has to pay $200 000 to construct the bridge plus $15 000 per year for its maintenance. Assuming that the bridge will have an infinite service life, calculate the present worth of the project at 10% interest rate.
A)$201 500
B)-$215 000
C)$280 000
D)$350 000
E)-$350 000

A Municipality Decided to Build a New Bridge to Accommodate