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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 4 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
A partner in a medium-size A/E (architectural/engineering) design firm is evaluating two alternatives for improving the exterior appearance of the building they occupy. The building can be completely painted at a cost of $6500. The paint is expected to remain attractive for 4 years, at which time repainting will be necessary. Every time the building is repainted, the cost will be 20% higher than the previous time. Alternatively, the building can be sandblasted
now and every 6 years at a cost 40% greater than the previous time. If the company’s MARR is 10% per year, what is the maximum amount that could be spent now on the sandblasting alternative that would render the two alternatives indifferent over a study period of 12 years?
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