If the interest rate for the 27-year period is 6 and cash, Business Economics

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If the interest rate for the 27-year period is 6 and cash

Time savings for travelers using Big City's airport would be worth $2.5M per year for 25 years if roadway and parking improvements are made. During the 2 years of construction, delays will "cost" $1.4M. If the interest rate for the 27-year period is 6% and cash flows are evenly distributed within each year, what is the PW? (Answer: $26.64M)

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Business Economics: If the interest rate for the 27-year period is 6 and cash

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