QUESTION IMAGE
Question
the council wants to test whether each solution meets the council treasurers requirement. the council must determine how much money each solution will cost per year. the council members consider three types of costs: installation, maintenance, and enforcement.
what is the total cost for the no - anchor zone?
$ per year
what is the total cost for the mooring buoys?
$ in the first year, and then $ per year after that
Step1: Calculate the total cost for the no - anchor zone
The no - anchor zone has installation cost \(I = 0\), maintenance cost \(M=0\), and enforcement cost \(E = 280000\).
The total cost \(C_{na}=I + M+E\)
Substitute the values: \(C_{na}=0 + 0+280000\)
Step2: Calculate the total cost for the mooring buoys in the first year
The mooring buoys have installation cost \(I = 60000\), maintenance cost \(M = 3000\), and enforcement cost \(E = 248000\) in the first year.
The total cost \(C_{mb1}=I + M+E\)
Substitute the values: \(C_{mb1}=60000+3000 + 248000=311000\)
Step3: Calculate the total cost for the mooring buoys after the first year
After the first year, the installation cost is not incurred again. So for subsequent years, \(I = 0\), \(M = 3000\), \(E = 248000\)
The total cost \(C_{mb}=0+3000 + 248000=251000\)
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For the no - anchor zone: \(280000\)
For the mooring buoys: \(311000\) (first year), \(251000\) (after the first year)