Question: Solve 1 1 . 3 ( with numbers and step by step ) . The number in parentheses that follows each problem refers to the

Solve 11.3(with numbers and step by step).The number in parentheses that follows each problem refers to the section from which the problem is taken.
11-1. The Metropolitan Transit Authority (MTA) has just opened a new subway line (the Orange Line) in its underground transportation network. The Orange Line had a capital investment of $28 million, expected operating and maintenance expenses are $4.2 million per year, and the final salvage value at the end of a 50-year life is negligible. If the revenue generated by each customer is $5, how many customers per day will be required before the Orange Line can break even? The MTA's hurdle (interest) rate is 6% compounded annually. Assume there are 365 days in a year. (11.2)
11-2. Refer to Example 11-2. Assuming gasoline costs $4.50 per gallon, the breakeven mileage per year between the hybrid vehicle and the gas-only vehicle. All other factors remain the same.
11-3. The Universal Postal Service is considering the possibility of fixing wind deflectors on the tops of 500 of their long-haul tractors. Three types of
deflectors, with the following characteristics, are being considered (MARR =10% per year):
\table[[,,,],[,Windshear,Blowby,Air-vantage],[Capital investment,$1,200,$500,$1,500
Solve 1 1 . 3 ( with numbers and step by step ) .

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