Question: PROBLEM 6 ( 1 0 points ) . A petroleum company, whose minimum attractive rate of return is 1 0 % , needs to paint
PROBLEM points A petroleum company, whose minimum attractive rate of return is needs to paint the vessels and pipes in its refinery periodically to prevent rust. "tuffCoat", a durable paint can be purchased for $ per gallon while "QuickCover", a less durable paint, costs $ per gallon. The labor cost applying a gallon of paint is $ Both paints are equally easy to apply and will cover the same area per gallon. "QuickCover" is expected to last years and "TuffCoat" is expected to last years. Which paint do you recommend?
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