Building a bridge will cost $80,000,000. Vehicle tolls will be $9 and traffic projections are for 6,000 vehicles per day. The operating and maintenance costs of the bridge will be directly proportional to the number of vehicles and hence the toll revenue. These costs will be 18% of the toll revenue. Find the payback period of the bridge in years. 3.6 year O 7.3 year O 5.8 year O

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.10: Modeling Variation
Problem 48E
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Building a bridge will cost $80,000,000. Vehicle tolls will be $9 and traffic projections are for 6,000 vehicles per day. The operating and maintenance costs of the bridge.
will be directly proportional to the number of vehicles and hence the toll revenue. These costs will be 18% of the toll revenue. Find the payback period of the bridge in
years.
3.6 year O
7.3 year O
5.8 year O
4.9 year. @
Transcribed Image Text:Building a bridge will cost $80,000,000. Vehicle tolls will be $9 and traffic projections are for 6,000 vehicles per day. The operating and maintenance costs of the bridge. will be directly proportional to the number of vehicles and hence the toll revenue. These costs will be 18% of the toll revenue. Find the payback period of the bridge in years. 3.6 year O 7.3 year O 5.8 year O 4.9 year. @
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