{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-09T18:08:57-04:00", "answer_date": "2024-06-09 18:08:57", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2531518", "url": "\/study-help\/questions\/the-narrow-gravel-road-to-jehnzen-lake-is-open-only-2531518", "question_creation_date_js": "2024-06-09T18:08:57-04:00", "question_creation_date": "Jun 09, 2024 06:08 PM", "meta_title": "[Solved] The narrow gravel road to Jehnzen Lake is | SolutionInn", "meta_description": "Answer of - The narrow gravel road to Jehnzen Lake is open only for the summer months. At present, the county spends $750 per mile | SolutionInn", "meta_keywords": "narrow,gravel,road,jehnzen,lake,open,summer,months,present,county,spends,$750", "question_title_h1": "The narrow gravel road to Jehnzen Lake is open only for the summer months. At present, the county spends $750 per mile each year to", "question_title": "The narrow gravel road to Jehnzen Lake is open only for the", "question_title_for_js_snippet": "The narrow gravel road to Jehnzen Lake is open only for the summer months At present, the county spends $750 per mile each year to prepare the road for summer traffic and another $150 per mile for maintenance during the period in which it is open A permanent road could be constructed at a cost of $10,000 per mile the county would have to spend $800 per mile for maintenance (patching, etc ) only every five years through the thirty year life of the road Prospects for the area suggest that the road would have to be relocated at the end of that period If 8 percent is a reasonable discount rate, which option is less costly What discount rate would cause the two alternatives to have the same cost in present value terms ", "question_description": "

The narrow gravel road to Jehnzen Lake is open only for the summer months. At present, the county spends $750 per mile each year to prepare the road for summer traffic and another $150 per mile for maintenance during the period in which it is open. A \"permanent\" road could be constructed at a cost of $10,000 per mile; the county would have to spend $800 per mile for maintenance (patching, etc.) only every five years through the thirty-year life of the road. Prospects for the area suggest that the road would have to be relocated at the end of that period. If 8 percent is a reasonable discount rate, which option is less costly? What discount rate would cause the two alternatives to have the same cost in present value terms?<\/p>", "transcribed_text": "", "related_book": { "title": "The Changing Geography Of Banking And Finance", "isbn": "1441947205, 978-1441947208", "edition": "1st Edition", "authors": "Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/2024\/03\/66050c9f889e3_94366050c9f62f22.jpg", "uri": "\/textbooks\/the-changing-geography-of-banking-and-finance-1st-edition-978-1441947208-260622", "see_more_uri": "\/textbooks\/business-information-management-3406" }, "free_related_book": { "isbn": "0486419622", "uri": "\/textbooks\/combinatorial-algorithms-enlarged-2nd-edition-978-0486419626-120456", "name": "Combinatorial Algorithms Enlarged", "edition": "2nd Edition" }, "question_posted": "2024-06-09 18:08:57", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/a-argue-that-the-singularities-poles-of-xz-will-occur", "description": "In Section 11.3, we mention that a causal complex cepstrum x[n] is equivalent to the minimum-phase condition of Section 5.4. 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