3. 8.5 Two different routes are under consideration for a new interstate highway: Table P8.5 The "long" route Transmountain shortcut Length of Highway 22 miles 10 miles First Cost $21 million $21 million $45 million $45 million Annual Upkeep $140,000 $165.000 Table P8.5 Full Alternative Text For either route, the volume of traffic will be 400,000 cars per year. These cars are assumed to operate at $0.25 per mile. Assume a 40-year life for each road and an interest rate of 10%. Determine which route should be selected.

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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3. 8.5 Two different routes are under consideration for a new interstate
highway:
Table P8.5
The "long" route
Transmountain shortcut
Length of
Highway
22 miles
First Cost
$21 million
10 miles
10 miles $45 million
Annual
Upkeep
$140,000
$165.000
Table P8.5 Full Alternative Text
For either route, the volume of traffic will be 400,000 cars per year.
These cars are assumed to operate at $0.25 per mile. Assume a 40-year
life for each road and an interest rate of 10%. Determine which route
should be selected.
Transcribed Image Text:3. 8.5 Two different routes are under consideration for a new interstate highway: Table P8.5 The "long" route Transmountain shortcut Length of Highway 22 miles First Cost $21 million 10 miles 10 miles $45 million Annual Upkeep $140,000 $165.000 Table P8.5 Full Alternative Text For either route, the volume of traffic will be 400,000 cars per year. These cars are assumed to operate at $0.25 per mile. Assume a 40-year life for each road and an interest rate of 10%. Determine which route should be selected.
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