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.
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.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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Question
![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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6fe3c9d0-f323-406d-aba8-5f709c3106d5%2F8a1d77a8-7c2b-4ec7-b7eb-539ead3af3e6%2Fmjtmx9q_processed.png&w=3840&q=75)
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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