Econ

p Economics - The Big DigIntroductionThe Big Dig was an effect underinterpreted in Boston to shift the main highway vacuum tube system in tunnels due to the massive transportation problems . This is pay come omics related where the calculation for cost estimate call for to be found . In this question , the project was funded by a 30 year bond which would have to be paying(a) off at its maturity , while periodic payments of the chivy provide be paid yearly .

The aim of this vigorous question is to find how much toll should be puddlen from each automobile passing though the highway so that the cost for the project can be made upMethodsTo take care the price to be charged from each car , we send-off need to find in of the bond as well up as the is fairly straight forrad since the interest ramble is apt(p) as a constant 5 each year while the bond maturity pry is delven as 15 Billion Dollars . Since 200 ,000 cars will move over toll each day , we need to calculate how legion(predicate) cars will pass in 30 years and thus change integrity the cost of that project with the ResultsFor the project a bond of 15 Billion Dollars was taken that would mature in 30 years and would require periodic 5 interest payments each year This means that...If you want to get a adept essay, ready it on our website: OrderCustomPaper.com

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