B
Your response is correct.
You divided the current year cost index by the value for 1980 to get the index ratio and multiplied that by the 1980 cost, $2.7 M.
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Your response is correct.
You divided the current year cost index by the value for 1980 to get the index ratio and multiplied that by the 1980 cost, $2.7 M.
Choose an option below.
Return to Engineering Costs and Cost Estimating Tutorials menu