A bridge is to be constructed now as part of a new road. An analysis has shown that traffic density on the new road will justify a two-lane bridge at the present time Because of uncertainty regarding future use of the road, the time at which an extra two lanes will be required is currently being shadied The estimated probabilities of having to widen the bridge to four lanes at various times in the future are as follow Widen Bridge In Probability 4 years 5 years 005 0.25 6 years 7 years 0.4 0.3 The present estimated cost of the two-lane bridge is $1,800,000. If constructed now, the four-lane bridge will cost $3,600,000 The future cost of widening a two lane bridge will be an extra $2,000,000 plus $250,000 for every year that widening is delayed. If money can earn 15% per year, what would you recommend? Click the icon to view the interest and annuity table for discrete compounding when the MARR is 15% per year CIFFED The PW value for building a four-lane bridge now is $ thousand (Round to the nearest whole number) More Info Discrete Compounding: 15% Single Payment Compound Amount Factor To Find F Present Worth Factor To Find P Compound Amount Factor To Find F Given P Given F Given A To Find Given A Uniform Series Sinking Capital Present Worth Factor To Find A Given F Fund Factor Recovery Factor To Find A Given P N FP PIF FIA PLA AIF AP 1 1.1500 08696 1.0000 08600 1.0000 1.1500 2 13225 0.7561 21500 16257 0.4651 06151 3 1.5209 06575 34725 22832 02880 0.4380 4 1.7490 0.5718 4.9934 28550 0.2003 03503 5 20114 0.4972 0.7424 33522 01483 02983 sk my ins B 23131 04323 87537 37845 0.1142 02642 7 26600 0.3759 11.0068 4.1004 0.0004 0.2404 8 3.0590 03200 13.7268 44573 0.0729 02229 9 35170 02843 16.7858 47716 00596 0.2006 10 40456 02472 203037 50185 00493 0 1993 Clear all Check answer Activate Windows Go to Settings Ab at W