3. 8.5 Two different routes are under consideration for a new interstate highway: Table P8.5 The "long" route Transmountain shortcut Length of Highway 22 miles 10 miles First Cost $21 million $21 million $45 million $45 million Annual Upkeep $140,000 $165.000 Table P8.5 Full Alternative Text For either route, the volume of traffic will be 400,000 cars per year. These cars are assumed to operate at $0.25 per mile. Assume a 40-year life for each road and an interest rate of 10%. Determine which route should be selected.

3. 8.5 Two different routes are under consideration for a new interstate highway: Table P8.5 The "long" route Transmountain shortcut Length of Highway 22 miles 10 miles First Cost $21 million $21 million $45 million $45 million Annual Upkeep $140,000 $165.000 Table P8.5 Full Alternative Text For either route, the volume of traffic will be 400,000 cars per year. These cars are assumed to operate at $0.25 per mile. Assume a 40-year life for each road and an interest rate of 10%. Determine which route should be selected.

Traffic and Highway Engineering

5th Edition

ISBN:9781305156241

Author:Garber, Nicholas J.

Publisher:Garber, Nicholas J.

Chapter12: Forecasting Travel Demand

Section: Chapter Questions

Problem 26P

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