Large projects that involve purchasing land from many landowners may not succeed due to the expenses (attorney fees, bank fees, appraisals, and so on) of negotiating so many different deals. These fees are examples of Group of answer choices Transactions costs Just compensation Public use The holdout problem

The correct option is A

Explanation:

Transaction costs are the costs or the expenses which is incurred or made when it involves buying as well as selling of good or a service. And in the terms of financial nature, it is that cost or expense which comprise of  the commission of broker, that is the differences among the dealer price paid for the security and the price which the buyer pays.

So, in this case, the large projects involve the land purchasing from landowners will not succeed because of expense like bank fees, attorney fees for negotiating the different deals. These fees examples are of transaction costs.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20