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Table 7 Minimized life cycle costs under various discount rates and inflation rates

From: Developing a weighted reward criterion for the Markov-based decision of road maintenance

Discount rate (%)

Inflation rate

1 %

2 %

3 %

4 %

5 %

7 %

8 %

10 %

0

163,432,436

192,419,226

227,555,101

270,225,976

322,045,264

461,706,709

555,546,583

810,921,234

5

163,432,436

192,419,226

227,555,115

270,236,573

322,182,333

462,811,648

557,292,986

813,218,613

10

163,432,436

192,419,226

227,555,115

270,236,573

322,182,333

462,811,648

557,293,138

814,393,543