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Today a proposed community college is estimated to cost K795,527,518. which is K2806 per square foot of space multiplied by 272,310 square feet. If construction costs are expected to increase by 19% per year because of high demand for construction labor and materials, how much would 320,000-square-foot community college cost five years from now?

Today a proposed community college is estimated to cost K795,527,518. which is K2806 per square foot of space multiplied by 272,310 square feet. If construction costs are expected to increase by 19% per year because of high demand for construction labor and materials, how much would 320,000-square-foot community college cost five years from now?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Today a proposed community college is estimated to cost K795,527,518. which is K2806 per
square foot of space multiplied by 272,310 square feet. If construction costs are expected to
increase by 19% per year because of high demand for construction labor and materials, how much
would 320,000-square-foot community college cost five years from now?

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