UESTION 2 This is a more complex equilibrium model requiring the student to use semi-variable and semi-fixed costs. Assume that the project has the following semi-fixed costs-In year 1 $s- for a duration of years specified below Real estate or Right of Way costs of 13,039,534 Procurement costs of 3,457,511 Design Costs of 13,329,516 Construction Costs of 90,984,870 Assume further that these costs are each escalating at 0.0627 % per calendar year. Assume that the project has following semi-variable costs of Project management and Construction management costs of $ 7.201,190 per year project duration and for this simple exercise, these are assumed to per year Project duration compression and associated "impact" costs. These costs are a function of project duration and for this simple exercise, these are assumed to be a non-linear function or Geometric sequence and negatively sloped. The project duration varies from four to ten calendar years. The geometric factor is that the impact cost factor is reduced by half for each year the project duration is increased from four years up to the maximum of 10 years. The impact cost for the fourth year is $ 92,600,699 What is the total project cost for a duration of 5 years in $s? be linear and positively sloped at the given rate 147391795 lick Save and Submit to save and submit. Ctick Save All Answers to scve all anaue UESTION 2 This is a more complex equilibrium model requiring the student to use semi-variable and semi-fixed costs. Assume that the project has the following semi-fixed costs-In year 1 $s- for a duration of years specified below Real estate or Right of Way costs of 13,039,534 Procurement costs of 3,457,511 Design Costs of 13,329,516 Construction Costs of 90,984,870 Assume further that these costs are each escalating at 0.0627 % per calendar year. Assume that the project has following semi-variable costs of Project management and Construction management costs of $ 7.201,190 per year project duration and for this simple exercise, these are assumed to per year Project duration compression and associated "impact" costs. These costs are a function of project duration and for this simple exercise, these are assumed to be a non-linear function or Geometric sequence and negatively sloped. The project duration varies from four to ten calendar years. The geometric factor is that the impact cost factor is reduced by half for each year the project duration is increased from four years up to the maximum of 10 years. The impact cost for the fourth year is $ 92,600,699 What is the total project cost for a duration of 5 years in $s? be linear and positively sloped at the given rate 147391795 lick Save and Submit to save and submit. Ctick Save All Answers to scve all anaue