A construction project is scheduled to take six months and cost $1.2 million to complete. After three months, the project has spent $575,000, and 55 percent of the project work has been completed. Assuming that the team's efficiency remains the same for the remainder of the project, what is the expected cost to finish all remaining project work?

A construction project is scheduled to take six months and cost $1.2 million to complete. After three months, the project has spent $575,000, and 55 percent of the project work has been completed. Assuming that the team's efficiency remains the same for the remainder of the project, what is the expected cost to finish all remaining project work?

A construction project is scheduled to take six months and cost $1.2 million to complete. After three months, the project has spent $575,000, and 55 percent of the project work has been completed. Assuming that the team's efficiency remains the same for the remainder of the project, what is the expected cost to finish all remaining project work?




A. -$25,000
B. $703,125
C. $1,043,478
D. $468,478


Answer: D


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