Question: please solve View Zoom Insert Table I Chart 3. In order to improve evacuation routes out of New Orleans in the event of another major
View Zoom Insert Table I Chart 3. In order to improve evacuation routes out of New Orleans in the event of another major disaster such as Hurricane Katrina, the Louisiana Department of Transportation (L-DoT) is planning to construct an additional bridge across the Mississippi River. The department uses an interest rate of 6% and plans a 50-year life for either bridge. Which design has the better present worth? Text All costs in SM Land acquisition Annual O & M Annual increase Major Maintenance (Year 25) Salvage Cost Initial Construction Bridge M Bridge L $220 2 3% 185 30 $458 $195 3 4% 210 25 $330
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