Estimate the cost in 2018 of a 1000-horsepowersteam

Chapter 15, Problem 15.38

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Estimate the cost in 2018 of a 1000-horsepowersteam turbine air compressor if a 200-horsepowerunit costs $160,000 in 1999. The exponent in thecost capacity equation is 0.35 and the equipmentcost index increased by 35% over that time period.

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