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The annual benefits associated for a proposed highway improvements project are estimated at ten-million dollars. Initial construction costs will be four-hundred million dollars. The project's
The annual benefits associated for a proposed highway improvements project are estimated at ten-million dollars. Initial construction costs will be four-hundred million dollars. The project's useful life is 50 years. Annual maintenance costs are $500,000 with rebuilding costs of ten million dollars every 10 years Interest is 2%. Using incremental analysis, determine if this project is economically viable
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