Question: Corrosion problems -and manufacturing defects rendered a gasoline pipeline between El Paso and Phoenix subject to longitudinal weld seam failures. Therefore, the pressure was reduced
Corrosion problems -and manufacturing defects rendered a gasoline pipeline between El Paso and Phoenix subject to longitudinal weld seam failures. Therefore, the pressure was reduced to 80% of the design value. If the reduced pressure results in delivery of $150,000 per month less product, what will be the value of the lost revenue after a 2-year period at an interest rate of 11.940397% per year, compounded continuously? I HAVE THE ANSWERS BUT HOW DID WE GET 2.72
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
