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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 3 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
The city council in a certain southwestern city is considering whether to construct permanent restrooms in 22 of its smaller parks (i.e., parks of less than 12 acres) or pay for portable toilets on a yearround basis. The cost of constructing the 22 permanent restrooms will be $3.8 million. The 22 portable restrooms can be rented for $7500 each for 1 year. The service life of a permanent restroom is 20 years. Using an interest rate of 6% per year and an annual worth analysis, determine if the city should build the permanent restrooms or lease the portable ones.
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