| OCR Text |
Show -18- Nation's taxpayers would total approximately $1,406,954,-000 ($2,075,729,000) based upon iy2 percent interest, and $524,039,000 ($941,034,000) based upon 2-percent interest. These figures are derived as follows: Table I.-Based on 2T/2 percent interest Construction cost .............................. $596,000,000 ($708,780,000) Interest compounded at 2^ percent for y^. of the 8-year construction period.............................................. 61,872,000 (73,580,000) Investment (construction cost plus interest during construc-tion) ........................................ 657,872,000 (782,360,000) Investment and compound interest for 75 years, at 2]/2 percent.......... 4,192,100,000 (4,985,363,000) Less investment ................................ 657,872,000 (782,360,000) Compound interest at 2^2 percent for 75 years.................... 3,534,228,000 (4,203,003,000) Less net revenue compounded with interest at 2^ percent for 75 years 2,127,274,000 (2,127,274,000) Interest cost ................................ 1,406,954,000 (2,075,729,000) Table) II.-Based on 2 percent interest Construction cost .............................. $596,000,000 ($708,780,000) Interest compounded at 2 percent for Y-2. of the 8-year construction period .............................................. 49,130,000 (58,426,000) Investment (construction cost plus interest during construc-tion) ........................................ 645,130,000 (767,206,000) Investment and compound interest for 75 years, at 2 percent............ 2,848,786,000 (3,387,857,000) Less investment .................................. 645,130,000 (767,206,000) Compound interest at 2 percent for 75 years.................... 2,203,656,000 (2,620,651,000) Less net revenue compounded with interest at 2 percent for 75 years 1,679,617,000 (1,679,617,000) Interest cost .............................. 524,039,000 (941,034,000) |
