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Question 2 Southeastern Pennsylvania Transportation Authority (SEPTA) has just opened a new route connecting major tourist sites around Philadelphia. The Independence Line has the following
Question 2 Southeastern Pennsylvania Transportation Authority (SEPTA) has just opened a new route connecting major tourist sites around Philadelphia. The Independence Line has the following data. A capital investment of $63 million . An expected operating and maintenance expenses of $11 million per year The final salvage value at the end of a 30-year life is negligible Revenue generated by each customer is 511 Assume there are 365 days in a year. The MARR is 6% compounded annually What is the total annual cost of this route? How many riders per day are needed for this route to break even? A Moving to another question will save this response. O Di lyi
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