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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.

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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 Concrete $1,000,000 $1,500 17 years Asphalt Capital Investment 5900.000 Annual maintenance $2.500 Life of roadway 11 years W the county's MARR for this type of project is 8% 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 8% per yeat. The equivalent uniform annual cost for the asphalt option is $(Round to the nearest dollar) The equivalent uniform annual cost for the concrete option is 5 (Round to the nearest dollar) Select the option

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