Business, 17.12.2021 02:50 macylen3900
The concepts applied in economic evaluation to address the time-dependent value of money can also be applied to other phenomena, such as growth in traffic volume. The traffic volume on a local highway was 3,510 vehicles per day on an average day in 2012. Based on historical trends, the traffic volume is expected to increase by 3% per year for the foreseeable future. What is the expected traffic volume in 2022
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