Question: 4 Problem 1 5 . 0 1 9 : Look up a cost index from a table and estimate cost using indexes AB Jackson Industries

4
Problem 15.019: Look up a cost index from a table and estimate cost using indexes
AB Jackson Industries installed a compressor and pump system in 2010 at a cost of $86,000. If the FRED equipment cost index applies, what will be the estimated cost now for a similar system when the index value is 283?
\table[[,\table[[CE Plant Cost],[Index (CEPCI)],[(1913=100)]],\table[[Consumer Price],[Index (CPI)],[(1982-84=100)]],\table[[Crude OII Index],[(2005=100)]]],[Year,575.4,211.4,105.1],[2008,521.9,217.3,141.9],[2009,550.8,220.5,160.6],[2010,585.7,227.2,194.4],[2011,584.6,231.3,192.3],[2012,567.3,234.8,196.8],[2013,579.8,236.5,140.2],[2014,556.8,238.0,79.3],[2015,,,]]
The cost for a similar system when the index value is 283 is determined to be $
4 Problem 1 5 . 0 1 9 : Look up a cost index from

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