Question Value: 10The recreation department for St. John's is trying to decide how to develop a piece of land. They have narrowed the choicesdown to tennis courts or a swimming pool. The swimming pool will cost $2,600,000 to construct, and will cost $300,000 per yearto operate, but will bring benefits of $450,000 per year over its 25 year expected life. Tennis courts would cost $225,000 to build,cost $20,000 per year to operate, and bring $60,000 per year in benefits over their 8 year life. Both projects are assumed to havea salvage value of zero. The appropriate MARR is 5%.Part a - Use the BCR to select the appropriate project:The BCR for the pool is (round your answer to 3 decimal points eg. x.xxx):The BCR for the tennis courts is (round your answer to 3 decimal points eg. x.xxx): NumberBased on BCR, which project do you recommend (enter 'P' for pool or 'T' for tennis courts):NumberPart b - Use the BCRM to select the appropriate project:The BCRM for the pool is (round your answer to 3 decimal points eg. x.xxx): NumberThe BCRM for the tennis courts is (round your answer to 3 decimal points eg. x.xxx): NumberBased on the BCRM, which project do you recommend (enter 'P' for pool or 'T' for tennis courts):

Answered: Image /qna-images/answer/ad133b0c-66c5-4a49-affd-7e70fb8b4070.jpg

Answered: The recreation department for St.…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Blank 1 refers to the quality of something that has two sides or halves that are the same or very close in size, shape, and position Blank 1 Add your answer

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