The Golden Gate bridge is maintained by 38 painters and 17 ironworkers (who replace corroding steel and rivets). If the painters get an average wage of $120,000 per year (with benefits) and the ironwork­ers get $150,000 per year, what is the capitalized cost today of all the future wages for bridge maintenance at an interest rate of 8% per year?

What will be an ideal response?


CC = - [38(120,000) + 17(150,000)]/0.08
= $-88,875,000

Trades & Technology

You might also like to view...

The most commonly used sensor to monitor engine load is a MAP sensor.

Answer the following statement true (T) or false (F)

Trades & Technology

Frame scores are made on a 1 through _____ scale.

Fill in the blank(s) with the appropriate word(s).

Trades & Technology

Technician Asays that in most areas of the country, it is acceptable to turn over properly contained asbestos residue to local sanitation agencies for burial in a landfill. Technician B says it is the technician's responsibility to know the local regulations regarding asbestos handling and disposal and to ensure they are being observed in the workplace. Who is correct?

A. A only B. B only C. Both A and B D. Neither A nor B

Trades & Technology

The component arrangement diagram:

A) Shows the operating sequence of the system components. B) Gives the network address of each piece of equipment in the multi-component cooling network. C) Shows how the unit interfaces with other units in a multi-component cooling network. D) Is used to locate actual parts and connections within the unit itself.

Trades & Technology