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C.7. Calculate the amount of the toll per car for the first year to pay for a toll bridge with data as indicated, Assume EOY

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C.7. Calculate the amount of the toll per car for the first year to pay for a toll bridge with data as indicated, Assume EOY payments. cost new of toll bridge = $20,000.000 traffic = 20,000 vpd*, no increases life expectancy of toll bridge = 25 yr, with zero salvage value interest rate = 12% Toll: assume the toll starts out at a comparatively low value ($C/vehicle) and is increased every year by 5 percent per year compounded. (Ans. $0.240/vehicle) "vpd = vehicles per day for 365 days per year

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