A bridge is to be constructed now as part of a new road. Engineers have determined that tratlic densily on the new road wil justify a two-Lane mad and a bridge at the gresent time Because of uncentainty regarding future use of the road, the firme at which an exara two lanes will be required is cierently being studied The two-tane bridge will cost $220,000 and the four tane bridgo, if built inatially. will cost 5320,000 . The future cost ol wilering a two-tane beibge to four tanes will be an extra $220,000 plus $27,000 for every yoar that widening is delinged The MNPR used by the highwoy departmant is 15% per year fhe followhe esteriates havin bein main of the times it which the four-lane bridgo will be required. In view of these estimates. what would you recommend? List some advantages and disadvantages of thin method of preparing cotimates Click the iconto view the interest and arnulty table for olncrote compeunding when the MNRR is 154 pet year Calculate the PW value for the Pessimistic Estimale for the two-tane bridge. PWesamistic (15%)=5 thousand (Round to one decimal place.) More Info