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A new bridge project is being evaluated at i = 15%. Recommend an alternative based on the capitalized cost for each. Construction Cost Annual O&M

A new bridge project is being evaluated at i = 15%. Recommend an alternative based on the capitalized cost for each.

Construction Cost

Annual O&M

Life (years)

Concrete

$50 million

$250,000

70

Steel

$40 million

$500,000

50

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