Two bride designs have been proposed for the new interstate highway to cross Rio de Lubbock. A bridge constructed from wood will cost $6,000 and will last for 8 years. A bridge constructed from steel will cost $11,000 and will last for 20 years. Either bridge will have a 0 salvage value. at the end of its life. Use an interest rate of 8% and determine which material will be more economical for the construction of the bridge.
Uniform annual cost of wood design:Uniform annual cost of steel design:
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Home » Business » Two bride designs have been proposed for the new interstate highway to cross Rio de Lubbock. A bridge constructed from wood will cost $6,000 and will last for 8 years. A bridge constructed from steel will cost $11,000 and will last for 20 years.