A one-mile section of a roadway in Florida has been washed out by heavy rainfall. The county is considering two options for rebuilding the road. Pertinent data are presented below Capital Investment Annual maintenance Life of roadway Asphalt $700,000 $3,000 12 years Concrete $1,100,000 $1,000 17 years Asphalt Concrete Capital Investment $700,000 $1,100,000 Annual maintenance $3,000 $1,000 Life of roadway 12 years 17 years If the county's MARR for this type of project is 7% per year, which replacement option should be chosen? Assume repeatability. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 7% per year. The equivalent uniform annual cost for the asphalt option is $1. (Round to the nearest dollar.) The equivalent uniform annual cost for the concrete option is $(Round to the nearest dollar.) Select the option Enter your concrete the answer boxes. asphalt More Info N 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Discrete Compounding: 1=7% Single Payment Uniform Series Compound Compound Sinking Amount Present Amount Present Fund Factor Worth Factor Factor Worth Factor Factor To Find F To Find P To Find F To Find P To Find A Given P Given F Given A Given A Given F RP PIE FA AUF 1.0700 0.0348 1.0000 0.9340 1.0000 1.1440 0.8734 2.0700 1.8080 0.4831 1.2250 0.8183 3 2140 2.8243 0.3111 1.3108 0.7620 4.4300 3.3872 0.2252 1.4020 0.7130 5.7507 4.1002 0.1730 1.5007 0.0003 7.1533 4.7085 0.1308 1.8058 0.6227 8.6540 5.3803 0.1158 1.7182 0.5820 10.2508 5.0713 0.0075 1.8386 0.5430 11.0780 8.5152 0.0835 1.0872 0.5083 13.8164 7.0230 0.0724 2.1040 0.4751 15.7836 7.4987 0.0034 2.2522 0.4440 17.8885 7.0427 0.0550 2.4098 0.4150 20.1408 8.3577 0.0407 2.5785 0.3878 22.5505 8.7455 0.0443 2.7500 0.3824 25.1290 0.1070 0.0308 2.9522 0.3387 27 8881 0.4488 0.0350 3.1588 0.3100 30.8402 0.7832 0.0324 3.3700 0.2950 33.9990 10.0501 0.0294 3.6185 0.2785 37.3790 10.3350 0.0288 3.8897 0.2584 40.0055 10.5040 0.0244 Capital Recovery Factor To Find A Given P AIP 1.0700 0.5531 0.3811 0.2952 0.2430 0.2098 0.1856 0.1675 0.1535 0.1424 0.1334 0.1250 0.1107 0.1143 0.1098 0.1050 0.1024 0.0004 0.0988 0.0044 Print Done