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An analysis of accidents in a rural state indicates that widening a highway from 30ft to 40ft will decrease the annual accident rate from 1,270

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An analysis of accidents in a rural state indicates that widening a highway from 30ft to 40ft will decrease the annual accident rate from 1,270 to 660 per million vehicle-miles. Calculate the average daily number of vehicles that should use the highway to justify widening on the basis of the following estimates. (i) the average loss per accident is $1,000; (ii) the cost of widening is $107,000 per mile (iii) the useful life of the widened road is 25 years. (iv) annual maintenance costs are 3% of the capital investment and (v) 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. Choose the correct answer below A. The average daily number of vehicles is about 36 vehicles per day B. The average daily number of vehicles is about 61 vehicles per day C. The average dally number of vehicles is about 70 vehicles per day D. The average daily number of vehicles is about 43 vehicles per day E. The average daily number of vehicles is about 76 vehicles per day

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