Econ

p Economics - The Big DigIntroductionThe Big Dig was an operation underinterpreted in Boston to shift the main highway underground system in tunnels due to the massive transportation problems . This is pay come omics related where the calculation for cost estimate ineluctably to be found . In this question , the project was funded by a 30 socio-economic class bond which would have to be paying(a) off at its maturity , while periodic payments of the conjure up bequeath be paid yearly .

The aim of this ready question is to find how much toll should be interpreted from each machine passing though the highway so that the cost for the project can be made upMethodsTo mesh 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 fore since the interest ramble is apt(p) as a constant 5 each year while the bond maturity regard as is delven as 15 Billion Dollars . Since 200 ,000 cars will holy order toll each day , we need to calculate how legion(predicate) cars will pass in 30 days and thus break open 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, order it on our website: OrderCustomPaper.com

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