Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Corrosion problems -and manufacturing defects rendered a gasoline pipeline between El Paso and Phoenix subject to longitudinal weld seam failures. Therefore, the pressure was reduced
Corrosion problems -and manufacturing defects rendered a gasoline pipeline between El Paso and Phoenix subject to longitudinal weld seam failures. Therefore, the pressure was reduced to 80% of the design value. If the reduced pressure results in delivery of $150,000 per month less product, what will be the value of the lost revenue after a 2-year period at an interest rate of 11.940397% per year, compounded continuously? I HAVE THE ANSWERS BUT HOW DID WE GET 2.72
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started