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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 2 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 new structural design software package is available for analyzing and designing three-sided guyed towers and three- and four-sided self-supporting towers. A single-user license will cost $6000 per year. A site license has a one-time cost of $22,000. A structural engineering consulting company is trying to decide between two alternatives: buy a single-user license now and one each year for the next 3 years (which will provide 4 years of service),
or buy a site license now. Determine which strategy should be adopted at an interest rate of 10% per year for a 4-year planning period using the annual worth method of evaluation.
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