Question: New Bridge Project A new bridge project is being evaluated at i = 5 % . Recommend an alternative based on the capitalized cost for

New Bridge Project
A new bridge project is being evaluated at i=5%. Recommend an alternative based on the capitalized cost for each.
\table[[,Construction Cost,Annual O&M,Life (years)],[Concrete,$50 million,$250,000,70],[Steel,40 million,500,000,50]]
(Newnan 5-55)
New Bridge Project A new bridge project is being

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