Question 7 A toll way was built in 2002 -2004 at annual construction cost of $10 million in which the budget came from Bank Loan at interest rate of 9%. In 2005 the toll way was operated for consesion period of 20 years. If the revenue for each vehicle is $0.5, calculated minimum annual vehicle that shoud enter the toll way. (find the closest value from the following option) O a 7,055,560 O b 7,182,100 7,082,100 7,325,270
Question 7 A toll way was built in 2002 -2004 at annual construction cost of $10 million in which the budget came from Bank Loan at interest rate of 9%. In 2005 the toll way was operated for consesion period of 20 years. If the revenue for each vehicle is $0.5, calculated minimum annual vehicle that shoud enter the toll way. (find the closest value from the following option) O a 7,055,560 O b 7,182,100 7,082,100 7,325,270
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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