Problem 4 Using the information provided below, determine the net present value for the proposed project. Assume that the present date' in this analysis is 2029 and that a 5% interest

rate will be used per period. Use the provided toll rate information to calculate the annual revenues. Table 1: Project Cash Flows Cash Flow Construction Cost FY25 Q1-2 Construction Cost FY25 Q3-4 Construction Cost FY26 Construction Cost FY27 Construction Cost FY28 Construction Cost FY29 Annual Toll Revenues FY30 Non-Annual Repairs FY31 Annual Toll Revenues FY31 Annual Toll Revenues FY32 Non-Annual Repairs FY33 Annual Toll Revenues FY33 Annual Toll Revenues FY34 Non-Annual Repairs FY35 Annual Toll Revenues FY35 Annual Toll Revenues FY36 Non-Annual Repairs FY37 Annual Toll Revenues FY37 Annual Toll Revenues FY38 Annual Toll Revenues FY39 Transfer Costs Table 2: Toll Rates # Cars 4250000 $ $ $ $ $ $ $ $ $ $ $ Year Value (5,846,750.00) 2025 (10,858,250.00) 2025 (64,250,000.00) (89,950,000.00) (70,675,000.00) (15,420,000.00) X (5,750,000.00) 2029 2030 2031 2031 2032 2033 2033 2034 (6,750,000.00) 2035 2035 2036 2037 2037 X X (11,500,000.00) X X X X (10,500,000.00) X X X (12,500,000.00) 2026 2027 2028 # of Truck # of Truck # of Truck (2-Axle) (3-Axle) (4-Axle) 1750000 715000 425000 2038 2039 2039 $/Car $/2 Axle 4 7 Month July December December December December December December October December December May December December September December December October December December December December $/3-Axle 11 $/4-Axle 15