The cheetah program has an rdtampe-funded project scheduled, Ask an Expert

Finance

The CHEETAH program has an RDT&E-funded project scheduled to start in November 2015 which is expected to take 21 months to complete. The project is expected to cost a total of $21 million (then-year dollars), with cost expected to be incurred at a rate of $1 million per month. What is the correct amount to include in the budget request for this project?

A. $12 million for FY 2015 and $9 million for FY 2016

B. $11 million for FY 2016 and $10 million for FY 2017

C. $11 million for FY 2015 and $10 million for FY 2016

D. $12 million for FY 2016 and $10 million for FY 2017

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92306463

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