Question: I WILL THUMBS UP! show work please The bridge 9340 on 1-35 in Minnesota collapsed in August 2007 and the state is now considering installing

I WILL THUMBS UP! show work please

The bridge 9340 on 1-35 in Minnesota collapsed in August 2007 and the state is now considering installing a better structure that will cost $250 Million now and additional cost of $75 million for additional reinforcement 10-years from now. After this, there will be a perpetual resurfacing cost of $15 Million every 10 years. Assuming an interest rate of 6% per year compounded quarterly, determine the capitalized cost the state must have to fund this project. Show your work

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