6. Two different routes are under consideration for a new interstate highway as follows in the table below. For either route, the volume of traffic will be 400,000 cars per year. These cars are assumed to operate at $0.25 per mile. Assume a 40-year life for each road and an interest rate of 10%. Determine which route should be selected. 6 Click the icon to view the data for the two routes. Click the icon to view the interest factors for discrete compounding when i = 10% per year. The BC(1)2- is (Round to two decimal places.) Which route should be selected? Choose the correct answer below. O O Route 2 Route 1 6: More Info Length of Highway 22 miles 10 miles First Cost $21 million $45 million Annual Upkeep $140,000 $165,000 The "long" route Transmountain shortcut 7: More Info Equal Payment Series Single Payment Compound Present Amount Worth Factor Factor (F/P, 1, N) (P/F, I, N) 30.9127 0.0323 34.0039 0.0294 37.4043 0.0267 41.1448 0.0243 45.2593 0.0221 Capital Recovery Factor (A/P, I, N) 0.1033 Compound Amount Factor (F/A, I, N) 299.1268 330.0395 364.0434 401.4478 442.5926 Sinking Fund Factor (A/F, I, N) 0.0033 0.0030 0.0027 0.0025 0.0023 Present Worth Factor (PIA, I, N) 9.6765 9.7059 9.7327 9.7570 9.7791 0.1030 0.1027 0.1025 0.1023 0.0201 0.0020 0.0019 9.7991 9.8174 0.0183 49.7852 54.7637 60.2401 66.2641 72.8905 0.0166 487.8518 537.6370 592.4007 652.6408 718.9048 0.0017 9.8340 0.1020 0.1019 0.1017 0.1015 0.1014 0.0015 0.0151 0.0137 9.8491 9.8628 0.0014 6. Two different routes are under consideration for a new interstate highway as follows in the table below. For either route, the volume of traffic will be 400,000 cars per year. These cars are assumed to operate at $0.25 per mile. Assume a 40-year life for each road and an interest rate of 10%. Determine which route should be selected. 6 Click the icon to view the data for the two routes. Click the icon to view the interest factors for discrete compounding when i = 10% per year. The BCC12 - is (Round to two decimal places.) Which route should be selected? Choose the correct answer below. Route 2 Route 1 O 6: More Info First Cost Length of Highway 22 miles 10 miles Annual Upkeep $140,000 $165,000 The "long" route Transmountain shortcut $21 million $45 million