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The capital investment cost for a switchgrass - fueled ethanol plant with a capacity of 3 0 0 , 0 0 0 gallons per year

The capital investment cost for a switchgrass-fueled ethanol plant with a capacity of 300,000 gallons per year is $5.6 million. The costcapacity factor for this particular plant technology is 0.64 for capacities ranging from 250,000 gallons per year to 550,000 gallons per year. What is the estimated capital investment for a similar ethanol plant with a capacity of 500,000 gallons per year?
The estimated capital investment for a similar ethanol plant with a capacity of 500,000 gallons per year is $7780000.(Round to the nearest ten thousands.)
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