Question: 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

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 breakeven? The MTA's hurdle (interest) rate is 6% compounded annually. Assume there are 365 days in a year

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