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The engineer of problem 4 now wants to consider an aluminum tank as well as the...

The engineer of problem 4 now wants to consider an aluminum tank as well as the steel and fiberglass tank. The steel tank costs $217,000 and is expected to last 15 years. The aluminum tank is expected to last 25 years. The fiberglass tank costs $276,000 and is expected to last 30 years. None of the tanks has a salvage value at the end of its useful life. At a MARR of 8%, determine the highest cost for the aluminum tank for which it will be the preferred option. Express your answer in $ to the nearest $1,000. (please make sure to give me a correct answer)

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Solution Given thot The steel tank cestso lost 15 years Expected to east 30 ởeasu Aw of steel tank = 21ㅕ000 * (AİP.6%s) 冫 21Aluminium tank Ac of aluminium tankP (AIp. &,25 A8 aluminium tank had be freffe ep ophion, then HA shold be 4egs then 25352.o

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