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A new highway is to be constructed. Design A calls for a concrete pavement costing $95 per foot with a 12-year life; two paved ditches
A new highway is to be constructed. Design A calls for a concrete pavement costing $95 per foot with a 12-year life; two paved ditches costing $4 per foot each; and three box culverts every mile, each costing $8,000 and having a 12-year life. Annual maintenance will cost $1,600 per mile; the culverts must be cleaned every three years at a cost of $450 each per mile. Design B calls for a bituminous pavement costing $35 per foot with a 6-year life, three sodded ditches costing $1.40 per foot each; and three pipe culverts every mile, each costing $2,250 and having a 6-year life. The replacement culverts will cost $2,500 each. Annual maintenance will cost $2,800 per mile; the culverts must be cleaned yearly at a cost of $225 each per mile; and the annual ditch maintenance will cost $1.45 per foot per ditch. Compare the two designs on the basis of equivalent worth per mile for a 12-year period. Find the most economical design on the basis of AW and PW if the MARR is 12% per year Click the icon to view the interest and annuity table for discrete compounding when the MARR is 12% per year. The AW value for Design A is $ /mi. (Round to the nearest hundreds.)
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