ovelopedosting of nuclear bombs was halted internationally in 1992, the Departme

Question

ovelopedosting of nuclear bombs was halted internationally in 1992, the Department e to soaring cost overruns, a congressiona asor systom that allows engineers to simulate (in a laboratory) conditi in a reaction. Due vered that the estimated development cost of the project increased at an avagt committee undertook an investigation rate of 2% what is tnonths over a S.year period. If the original cost was ostimated to be 32.7 billion 6 years what is the expected cost today? s years ago, The expected cost today is $ b i llon

Explanation / Answer

Than increase in cost in one interval =2%

After 6 months new cost =1.02(2.7)=2.754

Overall in 5 years there 10 intervals

=(1.02)^10= 1.22

= 1.22 * 2.7

Thus today expected cost=$4 billion

Related Questions

Navigate

• Browse (All)
• Browse O
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.