Bridge Economic Analysis/ Life Cycle Cost Analysis (LCCA) Time Costs Stream Benefits Stream ConstructionStage Project Life ProjectStart Date ProjectLife EndDate SalvageValue Costs and Benefits Change over the life of the Project Amount of Money/Benefit accrued some time in future is worth less in terms of Todays money Same is the case with the benefits accrued over time The Problem now is as to How to find the Worth of a Financial Amount in Future in terms of Todays Money This is accomplished by using the instrument of DISCOUNT RATE Problem:
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