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70 A new bridge project is being evaluated at i = 5%. Recommend an alternative based on the capitalized cost for each. Construction Cost AnnualO&M

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70 A new bridge project is being evaluated at i = 5%. Recommend an alternative based on the capitalized cost for each. Construction Cost AnnualO&M Life years) Concrete $50million $250,000 Steel $4Omillion $500,000 50 Solution: 1. Here capitalized cost (CC). 2. CCconcrete million dollars: 3. CCsteel million dollars 4. Choose

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