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Business, 31.10.2019 06:31 iluminatioffial9699

Parker county community college (pccc) is trying to determine whether to use no insulation or to use insulation that is either 1 inch thick or 2 inches thick on its steam pipes. the heat loss from the pipes without insulation is expected to cost $1.30 per year per foot of pipe. a 1-inch thick insulated covering will eliminate 89% of the loss and will cost $0.40 per foot. a 2-inch thick insulated covering will eliminate 92% of the lost and will cost $0.85 per foot. pccc physical plant services estimates that there are 150,000 feet of steam pipe on campus. the pccc accounting office requires a 10%/year return to justify capital expenditures. the insulation has a life expectancy of 10 years. what is the annual worth of each option? no insulation: $1-inch insulation: $2-inch insulation: $ carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. the tolerance is ±20. show a negative amount preceded by a minus sign.

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