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An architect-engineering firm is planning a parking lot to accommodate 500 vehicles. Each parking space will be 8 feet x 14.5 feet. It has been
An architect-engineering firm is planning a parking lot to accommodate 500 vehicles. Each parking space will be 8 feet x 14.5 feet. It has been estimated that the space required for aisles will be 90% of the space required for parking. A local paving company charges $8 per square foot for paving and a flat fee of $12,400 for marking and painting the individual parking spaces. Based on this information, what is the estimated cost of paving and marking this parking lot?
The estimated cost of paving and marking the parking lot is $ (Round to the nearest dollar.)
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