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A contract is $14,000, a signed change order adds $2,800, and 50 percent of the adjusted work is complete. If $1,000 has already been paid, what additional progress payment keeps total paid within earned value?

Correct Answer

D) $7,400.

The adjusted price is $16,800. Half complete is $8,400. After the prior $1,000 payment, the additional amount is $7,400.

Answer Options
A
$6,400 additional.
B
$7,000 additional.
C
$8,400 additional.
D
$7,400.

Why This Is the Correct Answer

The adjusted price is $16,800. Half complete is $8,400. After the prior $1,000 payment, the additional amount is $7,400.

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