Traffic and Highway Engineering
5th Edition
ISBN: 9781305156241
Author: Garber, Nicholas J.
Publisher: Cengage Learning
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Chapter 13, Problem 16P
To determine
The most cost-effective alternative using present worth analysis.
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The proposed steel bridge has an indefinite life. The initial cost of the bridge is $3,750,000 and annual maintenance costs are estimated to be $25,000. The bridge deck will be resurfaced every 10 years for $900,000 and anti-corrosion paint will be applied every 5 years for $250,000. If the interest rate is 8%, what is the EUAC?
C) Two alternatives have been proposed to construct a new road project to improve capacity and
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Alternative
The initial construction costs
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Service life (years)
$4.000.000
$3.900
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14
$3,800,000
$4,100
$800.000
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estimated to be ($10,000,000) each year for the first 5 years, followed by
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= 10%), what is the annual uniform cost over the entire 50 years?
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Traffic and Highway Engineering
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