A new bridge project is being evaluated at i = 10%. Recommend an alternative based on the capitalized cost for each. Construction Cost Annual0&M Life(years) $250,000 $500,000 Concrete Ss0million 70 Steel $40million 50 Solution: 1. Here capitalized cost (CC). 2. CCconcrete= million dollars; 3. CCsteel= million dollars; 4. Choose

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