Calculate net present value of each option based on discount

Assignment Help Civil Engineering
Reference no: EM13313883

Two remediation options are being considered for a contaminated land area formerly used for industrial operations. Option 1 involves removing all of the contaminated soil over a two-year period at a cost of $2.2 million per year. Option 2 is to leave the soil in place but treat it with a bioremediation agent at a cost of $950000/year over a three-year period. Subsequently, the soil would be sampled each year for the next five years to ensure the effectiveness of the treatment system. The cost of the sampling program would be $250000 the first year and $80000/year for the remaining four years.

a. Calculate the net present value of each option based on a discount rate of 5%/year. (Hint: draw a cash flow diagram for each of the two options.)
Option 1, NPV = $
Option 2, NPV = $

Reference no: EM13313883

Questions Cloud

Describe the data environment of the current system : Identify additional and existing specifications and requirements for the new Information Systems.
Explain standard method for analysis of samples : What precautions must one take in using internal standard method for analysis of samples in complex matrices
The global marketing mix value calibration : The global marketing mix value calibration concludes with promotion strategy because marketing communication conveys the brand attributes contributed by the other global 4Ps. However, global marketing communication begins with an appreciation of the ..
What is the magnitude of the particles acceleration : If a particle that had a charge q=6 micro C and mass 0.2 grams that moves in an uniform external electric and also magnetic fields that are E= ( 2Î +3? +9?) N/C, what is the magnitude of the particles acceleration
Calculate net present value of each option based on discount : Two remediation options are being considered for a contaminated land area formerly used for industrial operations. Option 1 involves removing all of the contaminated soil over a two-year period at a cost of $2.2 million per year
Evidence of moral imperative : Ethical theory or perspective from the text to support your evidence of moral imperative.
What is the power during one of these pulses : Lasers are used extensively in eye surgery to remove unwanted "material" from the eye or reshape the eye's lens. What is the power during one of these pulses
What is molar absorptivity (m-1 cm-1) is : A sample in a 1.0 mm cell absorbs 75.0% of the incident light at 510 nm. If the solution is 0.075 M, its molar absorptivity (M-1 cm-1) is:
What is the cost per metric ton of nox removed : An emission control system for a new car costs $800 and reduces NO_x emissions from 0.4 g/mile to 0.23 g/mile. Assume the car is driven 10000 miles per year, and the life of the emissions control system is 11 years with zero scrap value.

Reviews

Write a Review

Civil Engineering Questions & Answers

  Find apparent settling velocity for the phosphorus in lake

The only losses of total phosphorus for the lake are settling and fluching throught the lake's outlet. Assume the outflow rate is 212 km^2/year and the sediment area is 10,500 km^2.

  Determine the normal depth-critical depth and velocity

A PVC pipe with a diameter of 30 inches will carry a flow of 20 cfs. the bottom slope is 0.005 and the roughness coefficient is 0.015. determine the normal depth, critical depth, velocity and the froude number.

  Find the maximum principal effective stress at failure

Given the initial effective stress state at a point within a soil mass (s_y=2.5 daN/cm2, s_x=1.5 daN/cm2, t_xy=t_xy=0.4 daN/cm2) and effective soil shear strength parameters at the same point

  Average waiting time in the queue

What is the average length of queue, the average time spent in the system, and the average waiting time in the queue?

  Find what flow of water in gallons per second is required

The volume of water in a reservoir is often expressed using the unit of acre-foot. A volume of 1 acre-foot is the amount of water covering an area of 1 acre to a depth of 1 foot. Lake Mead is the largest man-made lake in the United States.

  What amount must jackie invest over the next 15 years

Jackie is now exactly 40 years old, and plans to invest a recurring amount over the next 15 years (until age 55) in an account bearing 10% annual interest. She plans to retire at age 65 and live to age 100 (don't we all).

  What is the nominal strength with one end fixed

The length is 10 feet. What is the nominal strength if Fy=50 ksi. Note that this is a slender-element compression member, and the equations of AISC section E7 must be used

  What resistor is needed to create the necessary coil voltage

The available relay for switching a secondary circuit requires 4 volts and has a coil resistance of 145 ohms. If a voltage divider circuit is used to reduce the voltage to activate the relay, what resistor is needed to create the necessary coil vo..

  Determine what is the maximum normal stress in the bar

If the bar is 90 degrees F. If the bar is cooled to 40 degrees F, what is the maximum normal stress in the bar and what is the maximum shear stress alpha = 13*10^-6 /degF, E = 10*10^3 ksi

  Magnitude of acceleration-along a circular path

The boat is travelling along a circular path with a speed v=(0.0625t). Determine the magnitude of its acceleration when t=10s

  Explain light-voice controlling system

Light-Voice Controlling System. We are planning to design a new light-voice controlling system. The voices will basically coordinate the crossing of a road by blind people. Suppose the crossing will be operated by two coordinated systems

  Determine horizontal distance the shot travels form a point

When the athlete releases the shot it is 1.82m above the ground and its initial velocity=13.6 m/s. Determine the horizontal distance the shot travels form the point of release to the point where it hits the ground.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd