A Municipality Decided to Build a New Bridge to Accommodate

question 47

Multiple Choice

A municipality decided to build a new bridge to accommodate the city's growing traffic across the river. It has to pay $200 000 to construct the bridge plus $15 000 per year for its maintenance. Assuming that the bridge will have an infinite service life, calculate the present worth of the project at 10% interest rate.

• A)$201 500
• B)-$215 000
• C)$280 000
• D)$350 000
• E)-$350 000

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Definitions:

Holding Environment

A concept referring to an environment that offers emotional, psychological support and containment, essential for individual development.

Adaptive Process

The method through which individuals or entities adjust to changes in their environment, often resulting in innovative solutions or improvements.

Critical Role

A position or function within an organization or project that is essential for its success and requires specific expertise or skills.

Maintain Disciplined Attention

The practice of persistently focusing one's mental energy and efforts on specific tasks or objectives.