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MindTap Engineering for Garber/Hoel's Traffic and Highway Engineering, 5th Edition, [Instant Access], 1 term (6 months)
5th Edition
ISBN: 9781305581159
Author: Nicholas J. Garber; Lester A. Hoel
Publisher: Cengage Learning US
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Chapter 13, Problem 16P
To determine
The most cost-effective alternative using present worth analysis.
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The proposed steel bridge has an indefinite life. The initial cost of the bridge is $3,750,000 and annual maintenance costs are estimated to be $25,000. The bridge deck will be resurfaced every 10 years for $900,000 and anti-corrosion paint will be applied every 5 years for $250,000. If the interest rate is 8%, what is the EUAC?
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MindTap Engineering for Garber/Hoel's Traffic and Highway Engineering, 5th Edition, [Instant Access], 1 term (6 months)
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