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A new bridge project is being evaluated at i = 5% for more than 50 years. Enter the capitalized equivalent cost as a positive number
"A new bridge project is being evaluated at i = 5% for more than 50 years. Enter the capitalized equivalent cost as a positive number of the alternative that should be selected. Concrete alternative Construction cost: $66 million Annual O&M: $320,000 Steel alternative Construction cost: $54 million Annual O&M: $680,000 Assume an infinite life for both types of bridges. Enter your answer in MILLIONS of dollars. For example, if the answer is 12 million, enter 12."
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