Building a bridge will cost $80,000,000. Vehicle tolls will be $9 and traffic projections are for 6,000 vehicles per day. The operating and maintenance costs of the bridge will be directly proportional to the number of vehicles and hence the toll revenue. These costs will be 18% of the toll revenue. Find the payback period of the bridge in years. 3.6 year O 7.3 year O 5.8 year O

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Building a bridge will cost $80,000,000. Vehicle tolls will be $9 and traffic projections are for 6,000 vehicles per day. The operating and maintenance costs of the bridge.
will be directly proportional to the number of vehicles and hence the toll revenue. These costs will be 18% of the toll revenue. Find the payback period of the bridge in
years.
3.6 year O
7.3 year O
5.8 year O
4.9 year. @
Transcribed Image Text:Building a bridge will cost $80,000,000. Vehicle tolls will be $9 and traffic projections are for 6,000 vehicles per day. The operating and maintenance costs of the bridge. will be directly proportional to the number of vehicles and hence the toll revenue. These costs will be 18% of the toll revenue. Find the payback period of the bridge in years. 3.6 year O 7.3 year O 5.8 year O 4.9 year. @
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