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6 Points Wood and steel structures are being considered for a foot bridge. The wooden structure requires a $10,000 first cost, annual painting and general

6 Points Wood and steel structures are being considered for a foot bridge. The wooden structure requires a $10,000 first cost, annual painting and general maintenance is estimated to cost 1,800, a major overhaul will be required every 5 years and cost $3,500. The steel bridge will cost $25,000 with annual upkeep estimated to cost $1,000, and only one overhaul will be required in the 15th year and cost $6,000. The steel bridge will have a salvage value of $5,000 at the end of its life in 25 years. The wooden bridge will have no salvage value at the end of 25 years, but an expense of $4,000 will be required to remove the structure. Using present worth comparison determine the best alternative. Interest is 10%. Match each item to a choice Choices: BETTTER ALTERNATIVE Wooden foot bridge for P36742 Wooden foot bridge for P28130 Steel foot bridge for P35052 Steel foot bridge for P33280 Wooden foot bridge for P31588 Steel foot bridge for P26874image text in transcribed

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