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In Problem 12-2, perform an analysis to determine how sensitive the choice of a four-lane bridge built

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In Problem 12-2, perform an analysis to determine how sensitive the choice of a four-lane bridge built now versus a four-lane bridge that is constructed in two stages is to the interest rate. Will an interest rate of 15% per year reverse the initial decision? At what interest rate would constructing the two-lane bridge now be preferred?
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Set EPW of the difference between the two alternatives equal to zero an...View the full answer


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Prashant Sharma
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Engineering Economy

Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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