What would plant with similar design be expected to cost now

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Question 1: The cost of construction for a hydrogen plant with a capacity of 7000 standard cubic feet per day (scfd) was $10 million ten years ago, when the current construction cost index was 4535. If the index increased at an average rate of 6.8% per year for the past ten years, what would a(n) 12,000-scfd plant with a similar design be expected to cost now?

Reference no: EM132487738

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