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Today a proposed community college is estimated to cost ?$29.9 ?million, which is ?$114 per square foot of space multiplied by 262,710 square feet. If construction costs are expected to increase by 19?% per year because of high demand for construction labor and? materials, how much would a 312,000-square-foot community college cost five years from? now? The cost capacity factor is 1.0 312,000-square-foot community college will cost ?$ nothing five years from now. ?(Round to the nearest? dollar.)

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Category:- Financial Management
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