The city built a recreation park in 1980 for $500,000. The ENR construction cost index had a
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The city built a recreation park in 1980 for $500,000. The ENR construction cost index had a value of 3378.17 at that time. If the city is planning to construct a similar recreation park when the index value is 5542.16, the estimated cost is closest to:
(a) $695,800
(b) $750,700
(c) $820,300
(d) $910,500
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