An aluminum sign post lasts 17 years, compared to 9 years for a wooden post.  Wooden posts cost $5/year to maintain and $12 to dispose of when their service expires.  Aluminum posts cost $2/year to maintain, and $6 to dispose of when replaced.  If interest is 10% and if wooden posts cost $50. How much can be justifiably spent (to the nearest dollar) to purchase aluminum posts?

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.S: Summary
Problem 8S: What interest rate would you need to get to double an investment of 200 in eight years?
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An aluminum sign post lasts 17 years, compared to 9 years for a wooden post.  Wooden posts cost $5/year to maintain and $12 to dispose of when their service expires.  Aluminum posts cost $2/year to maintain, and $6 to dispose of when replaced.  If interest is 10% and if wooden posts cost $50.

How much can be justifiably spent (to the nearest dollar) to purchase aluminum posts?

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