What is the vehicle crossing charge to deliver a zero


A civil engineering bridge project is planned with a budget of £150m. The sponsors for the bridge have estimated that the annual maintenance for the bridge will be £1m and that 3m vehicles will cross the bridge each year. Assuming that the bridge has a life 50 years and that the charge for all vehicle types crossing the bridge is the same, what is the vehicle crossing charge to deliver a zero profit solution? Assume a discount rate 7%.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the vehicle crossing charge to deliver a zero
Reference No:- TGS02866566

Expected delivery within 24 Hours