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Business, 23.09.2019 19:30 jae5547

It is currently 2018 and you are the mayor of snowville, il. your public works department has determined that your town’s main highway needs to be repaved in the next two years. the cost to complete the project today would be $4,300,000. your town’s engineers estimate that the project’s cost would increase by a total of 9% if delayed by two years to 2020. if the risk-free annual rate is 4% per year, what is the cost, in terms of 2018 dollars, of deciding to delay the project by 2 years? (select the most appropriate answer below)

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It is currently 2018 and you are the mayor of snowville, il. your public works department has determ...
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