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A 2000-gallon metal tank to hold hazardous materials cost $200,000 when it was fabricated 15 years ago. What would a 5,000-gallon tank cost today if

A 2000-gallon metal tank to hold hazardous materials cost $200,000 when it was fabricated 15 years ago. What would a 5,000-gallon tank cost today if the power-sizing exponent is 0.575 and the construction cost index for such facilities has increased from 180 to 600 over the last 15 years?

The Correct Answer is: $1,123918

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