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Significances of Bioengineering & Biosciences
Engineering Economics of the Illinois Central Railway & AT Math
Paul T E Cusack*
Department of BScE, Saint John, Canada
*Corresponding author:Paul T E Cusack, Department of BScE, DULE, 23 Park Ave, Saint john, NB E2J 1R2, Canada
Submission: August 08, 2025; Published: October 01, 2025
ISSN 2637-8078Volume7 Issue 5
Opinion
In this brief paper, we provide the calculation that shows how early American Infrastructure Ventures were financed to the optimum level [1].
Illinois Central RR
Bond Capital =$ 5M=-PV
705 miles of track @$20,000/mile
1/√2 x 2=2=14.14M=-PMT
Labour 3000 workers @$1.25/day x 6 days per week x 52 weeks per year=$1.17M/year
-PMT=$14.14+$1.17=$15,31M
i=5.983
n=9 years
FV=1.835=1/545=1/t
t²-t-1=E
5448²-5448-1=296=1-0.704≈1/1/√2
E=1-t
1/t=1-t
1=t-t²
t²-t-1=0 GMP
Conclusion
Economics follows the same laws as Physics. The GMP is ubiquitous.
References
- Srinivasan B (2017) Americana a 400-year history of American capitalism. Penguin press, NY, USA, p. 90.
© 2025 Paul T E Cusack, This is an open access article distributed under the terms of the Creative Commons Attribution License , which permits unrestricted use, distribution, and build upon your work non-commercially.
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