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In order to improve evacuation routes out of NewOrleans in
Chapter , Problem 5-39(choose chapter or problem)
In order to improve evacuation routes out of NewOrleans in the event of another major disaster suchas Hurricane Katrina, the Louisiana Department of Transportation (L-DoT) is planning to constructan additional bridge across the Mississippi River.L-DoT is considering two alternatives: a suspensionbridge and a cantilever bridge. The department usesan interest rate of 8% and plans a 50- year life foreither bridge. Which design has the most favorablenet present worth?
Questions & Answers
QUESTION:
In order to improve evacuation routes out of NewOrleans in the event of another major disaster suchas Hurricane Katrina, the Louisiana Department of Transportation (L-DoT) is planning to constructan additional bridge across the Mississippi River.L-DoT is considering two alternatives: a suspensionbridge and a cantilever bridge. The department usesan interest rate of 8% and plans a 50- year life foreither bridge. Which design has the most favorablenet present worth?
ANSWER:Problem 5-39
In order to improve evacuation routes out of New Orleans in the event of another major disaster such as Hurricane Katrina, the Louisiana Department of Transportation (L-DoT) is planning to construct an additional bridge across the Mississippi River. L-DoT is considering two alternatives: a suspension bridge and a cantilever bridge. The department uses an interest rate of 8% and plans a 50-year life for either bridge. Which design has the most favorable net present worth?
Step by Step Solution
Step 1 of 3
The initial construction cost of plan A is .
The Initial land acquisition cost of plan A is .
The initial construction cost of plan B is .
The Initial land acquisition cost of plan B is .