Question: Im having trouble with this problem, and would really appreciate any help! A small textile plant was constructed in 1998. The major equipment, costs, and

 Im having trouble with this problem, and would really appreciate anyIm having trouble with this problem, and would really appreciate any help!

A small textile plant was constructed in 1998. The major equipment, costs, and factors are shown below. Estimate the cost to build ar plant in 2010 if the index for this type of equipment has increased at an average rate of 12% per year for the past 12 years. New Design Size Cost-Capacity Factor Reference Size 210 yd/min 90 yd/min Reference Cost Finishing machine 170 yd/mirn Jet dyer Steam dyer $825,000 $1,200,000 $700,000 0.91 0.82 0.78 220 yd/min 460 yd/min 175 yd/min Choose the correct answer below OA Estimated cost for a new plant is $1,155.446 OB. Estimated cost for a new plant is $14,615,069. OC. Estimated cost for a new plant is $17,538,083. OD. Estimated cost for a new plant is $33,646,740

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