Question: Consider a bridge design option for a 607 ft crossing. The option has a 0.8 cost per pound erected for the span and a pier
Consider a bridge design option for a 607 ft crossing. The option has a 0.8 cost per pound erected for the span and a pier or abutment placement cost 7,051 with an initial annual maintenance cost of 3,086 increasing at 9 % per year, and the weight function is 25.6S + 20.1. Find the present equivalent life cycle cost in thousands (divided by 1000, for example, if the final amount is 175130, then divide it by 1000, and answer to be reported would be 175.13) of dollars assuming interest rate of 4 % and expected life of 20 years.
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