Alpha Bridge Project SUMMARY OF BRIDGE REPAIR COSTS Year Activity Cost GH¢ 2005 Inspection and top chord repairs 44,800 2007 Inspection and erosion protection 19,800 2009 Inspection 1,800 2011 Inspection and misc. steel repairs 31,800 2013 Inspection 1,800 2015 Inspection 1,800 2017 Inspection and repair abutments 65,000 2019 Inspection 1,800 Calculate the present value of the costs for the above project cash flow with a discounting rate of 5%
Alpha Bridge Project
SUMMARY OF BRIDGE REPAIR COSTS
Year Activity Cost GH¢
2005 Inspection and top chord repairs 44,800
2007 Inspection and erosion protection 19,800
2009 Inspection 1,800
2011 Inspection and misc. steel repairs 31,800
2013 Inspection 1,800
2015 Inspection 1,800
2017 Inspection and repair abutments 65,000
2019 Inspection 1,800
Calculate the
Step by step
Solved in 3 steps