4) A highway department is considering 2 types of paint for a bridge project. Type A paint costs $65/gallon and covers 350 sqft/gal. It provides protection for 4 years. A worker can apply it at a rate of 80 sqft/hour. Type B paint costs $85/gallon and covers 420 sqft/gal. It provides protection for 5 years. A worker can apply it at a rate of 100 sqft/hour. If a painter wage is $25/hour, which paint should be used to yield the lowest cost for the bridge and why? Consider i=6%.

Precision Machining Technology (MindTap Course List)
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ISBN:9781285444543
Author:Peter J. Hoffman, Eric S. Hopewell, Brian Janes
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4) A highway department is considering 2 types of paint for a bridge project. Type A paint costs $65/gallon
and covers 350 sqft/gal. It provides protection for 4 years. A worker can apply it at a rate of 80 sqft/hour.
Type B paint costs $85/gallon and covers 420 sqft/gal. It provides protection for 5 years. A worker can
apply it at a rate of 100 sqft/hour. If a painter wage is $25/hour, which paint should be used to yield the
lowest cost for the bridge and why? Consider i=6%.
Transcribed Image Text:4) A highway department is considering 2 types of paint for a bridge project. Type A paint costs $65/gallon and covers 350 sqft/gal. It provides protection for 4 years. A worker can apply it at a rate of 80 sqft/hour. Type B paint costs $85/gallon and covers 420 sqft/gal. It provides protection for 5 years. A worker can apply it at a rate of 100 sqft/hour. If a painter wage is $25/hour, which paint should be used to yield the lowest cost for the bridge and why? Consider i=6%.
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