×
Log in to StudySoup
Get Full Access to Engineering and Tech - Textbook Survival Guide
Join StudySoup for FREE
Get Full Access to Engineering and Tech - Textbook Survival Guide

In the early 1980s, planners were examining alter-nate

Engineering Economic Analysis | 12th Edition | ISBN: 9780199339273 | Authors: Donald G. Newnan; Jerome P. Lavelle; Ted G. Eschenbach ISBN: 9780199339273 93

Solution for problem 9-13 Chapter 9

Engineering Economic Analysis | 12th Edition

  • Textbook Solutions
  • 2901 Step-by-step solutions solved by professors and subject experts
  • Get 24/7 help from StudySoup virtual teaching assistants
Engineering Economic Analysis | 12th Edition | ISBN: 9780199339273 | Authors: Donald G. Newnan; Jerome P. Lavelle; Ted G. Eschenbach

Engineering Economic Analysis | 12th Edition

4 5 1 352 Reviews
21
2
Problem 9-13

In the early 1980s, planners were examining alter-nate sites for a new London airport. The economicanalysis included the value of structures that wouldneed to be removed from various airport sites.At one potential site, the twelfth-century Normanchurch of St. Michaels, in the village of Stewk- ley, would have had to be demolished.The plannersused the value of the fire insurance policy on thechurcha few thousand pounds sterlingas thechurchs value.An outraged antiquarian wrote to the LondonTimesthat an equally plausible computation wouldbe to assume that the original cost of the church(estimated at 100 pounds sterling) be increased atthe rate of 10% per year for 800 years. Based onhis proposal, what would be the future worth ofSt. Michaels? (Note:There was great public objec-tion to tearing down the church, and it was spared.)

Step-by-Step Solution:
Step 1 of 3
Step 2 of 3

Chapter 9, Problem 9-13 is Solved
Step 3 of 3

Textbook: Engineering Economic Analysis
Edition: 12
Author: Donald G. Newnan; Jerome P. Lavelle; Ted G. Eschenbach
ISBN: 9780199339273

Unlock Textbook Solution

Enter your email below to unlock your verified solution to:

In the early 1980s, planners were examining alter-nate

×
Log in to StudySoup
Get Full Access to Engineering and Tech - Textbook Survival Guide
Join StudySoup for FREE
Get Full Access to Engineering and Tech - Textbook Survival Guide
×
Reset your password