Question: A software development company has been asked to bid the design and build of a new enterprise software application for a trucking company. In 2005

A software development company has been asked to

A software development company has been asked to bid the design and build of a new enterprise software application for a trucking company. In 2005 a similar application was developed at a cost of $16 million. The cost index for software development was 415 in 2005, 501 in 2015, and 533 in 2020. What is the estimated cost of design and build the software this year

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