14.1 The construction cost for a building in 1999 was $184,971. If the ENR construction cost index...
14.1 The construction cost for a building in 1999 was $184,971. If the ENR construction cost index was 6059 at that time and is 11213 today, then what is cost of constructing a similar building?
Homework Answers
construction cost = 184971 in 1999
construction cost index in 1999 is 6059 and 11213 today
Construction cost today = 184971 * 11213 / 6059 = 342313.88
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14.1 The construction cost for a
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building at a cost of $2,280,000 and first occupied it in January
1994. It was estimated that the building will have a useful life of
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time.
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cost of $570,000. At that time, it was estimated that the remaining
life of the building would be, as originally...
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