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Engineering economics problem, need the correct answer. A dam is being considered to reduce river flooding in our state. Information concerning the possible Alternatives is
Engineering economics problem, need the correct answer.
A dam is being considered to reduce river flooding in our state. Information concerning the possible Alternatives is giving: Which dam height minimizes the expected total annual cost? The state uses an interest rate of 5 % for flood Protection projects, and all dams must last for 50 years. Show detail of setup, formula and your calculation
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