2. A new bridge across the Cumberland River is being planned near a busy high-way intersection...

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2. A new bridge across the Cumberland River is being planned near a busy high-way intersection in the commercial part of a midwestern town. The construction (first) cost of the bridge is $1,900,000 and annual upkeep is estimated to be $25,000. In addition to annual upkeep, major maintenance work is anticipated every eight years at a cost of $350,000 per occurrence. The town government's MARR is 10% per year. 2-1. (2 points) For this problem, is N = 80, practically speaking, defined as forever? Why? 2-2. (2 points) If the bridge has an expected life of 40 years, what is the capitalized worth (CW) of the bridge over a 80-year study period? 2. A new bridge across the Cumberland River is being planned near a busy high-way intersection in the commercial part of a midwestern town. The construction (first) cost of the bridge is $1,900,000 and annual upkeep is estimated to be $25,000. In addition to annual upkeep, major maintenance work is anticipated every eight years at a cost of $350,000 per occurrence. The town government's MARR is 10% per year. 2-1. (2 points) For this problem, is N = 80, practically speaking, defined as forever? Why? 2-2. (2 points) If the bridge has an expected life of 40 years, what is the capitalized worth (CW) of the bridge over a 80-year study period?

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The constriction cos1 consiductioncost 1900000 H Selzition y Maljor e... View the full answer