Research and development project scheduled

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Your program has a research and development project scheduled to start in January 2017 which is expected to take 40 months to complete. The project is expected to cost a total of $150 million (then-year dollars), with cost expected to be incurred as follows:

FY Cost to be incurred

FY 2017 $ 20 million

FY 2018 $ 48 million

FY 2019 $ 50 million

FY2020 $ 32 million

What is the correct amount to include in your budget request for 2017 and FY 2018 for this project?

A: $48M for FY 2017 and $50M for FY 2018

B: $20M for FY 2017 and $130M for FY 2018

C: $150M for FY 2017 and $0M for FY 2018

D: $20M for FY 2017 and $48M for FY 2018

Reference no: EM13934797

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