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Business, 15.04.2021 19:50 sierracupcake0220

In March 2018 the price index for buildings in Alachua County had a value of 5803 and in March 2002 the value was 2322. In March 2018 plans were initiated for a new building at the University of Florida. The final construction cost for the building was $50 million. Another building of the same size and quality is planned to be constructed in March 2022. Estimate the new building’s cost using the given price indices. (10 points)

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