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What is the EAC for a new bridge that has a first cost of $85M, an annual operating cost of $1.5M, a useful life of
What is the EAC for a new bridge that has a first cost of $85M, an annual operating cost of $1.5M, a useful life of 45 years, and an interest rate of 8%? Construct a spider plot and tornado diagram of the EAC of the following conditions
a)First cost ranges between 80% and 140% of base case
b)Annual operating cost ranges between 80% and 120% of base case
c)Interest rate ranges between 75% and 125% of base case
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