If money is worth 10.334%, determine the following:A.)Present worth of concrete piping system.B.)Present worth of cast iron piping system.C.)Most economical piping system. Justify your answer in your solution.(Please provide detailed solution not in excel, I'm in rush I will guarantee you to vote it up for your effort thank you.) A company is considering three alternatives for the installation of the piping systema nearby city. Three different piping materials are offered and each with different cosand the piping system is expected to give service for 24 years signed under contracThe following data are given for the three piping alternatives.Concrete PipeP489,895Cast Iron PipeP681,334P38,652First CostAnnual Expenses(first 5 years only)Maintenance CostP41,854Replacement Period every 6 yearsIf money is worth 10.334%, determine the following:P23,254P16,302every 8 yearsGalvanized PipeP857,962P15.842P7.021every 12 years

Present worth refers to the discounted value of all the future cash flows to present . In above…

Answered: A company is considering three…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If money is worth 10.334%, determine the following: A.)Present worth of concrete piping system. B.)Present worth of cast iron piping system. C.)Most economical piping system. Justify your answer in your solution. (Please provide detailed solution not in excel, I'm in rush I will guarantee you to vote it up for your effort thank you.)

A company is considering three alternatives for the installation of the piping system
a nearby city. Three different piping materials are offered and each with different cos
and the piping system is expected to give service for 24 years signed under contrac
The following data are given for the three piping alternatives.
Concrete Pipe
P489,895
Cast Iron Pipe
P681,334
P38,652
First Cost
Annual Expenses
(first 5 years only)
Maintenance Cost
P41,854
Replacement Period every 6 years
If money is worth 10.334%, determine the following:
P23,254
P16,302
every 8 years
Galvanized Pipe
P857,962
P15.842
P7.021
every 12 years

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