MY NOTES ASK YOUR TEACHERDerive the equation to compute the equivalent annual cost given the capital cost of a highway, such that A (A/P) x P, where A/P is the capital recovery factor. (Use the following as necessary: P forthe present worth, i for the annual interest as a decimal number, and n for the number of years.)A=DACCICUCE 43Compute the equivalent annual cost (in dollars) if the capital cost of a transportation project is $500,000, annual interest 9.8%, and n 30 years. (Enter your answer as a positive value.)

The annual worth is the net of all the profits and costs incurred over one year. Thus, we present…

the present worth, / for the annual interest as a decimal number, and in for the number of years.) Aw recovery factor (Use the folle wing as necessary for Compute the equivalent annual cost (in dollars) if the capital cost of a transportation project is $500,000, annual interest - 9.8%, and n-30 years. (Enter your answer as a positive value.) $

the present worth, / for the annual interest as a decimal number, and in for the number of years.) Aw recovery factor (Use the folle wing as necessary for Compute the equivalent annual cost (in dollars) if the capital cost of a transportation project is $500,000, annual interest - 9.8%, and n-30 years. (Enter your answer as a positive value.) $

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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