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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

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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 Asphalt Concrete Capital Investment $900,000 $1,000,000 Annual maintenance $2,000 $1,500 Life of roadway 11 years 18 years county MARR for this type of project in 7% per year, which replacement option should be chosen? Assume repeatability Click the icon to view the interest and annuity table for discret compounding when the MARR is 7% per year, equivalent uniform annual cost for the asphalt options (Round to the nearest dollar) equivalent uniform annual cost for the concrete option is $(Round to the nearest collar) lect the option

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