Homework: Homework Chapter 3 Score: 0 of 1 pt Problem 3-3 (book/static) Save 6 o

ID: 1138598 • Letter: H

Question

Homework: Homework Chapter 3 Score: 0 of 1 pt Problem 3-3 (book/static) Save 6 of 15 (5 complete) HW Score: 33 3396, 5 of 15 pts Question Help * An architect-engineering firm is planning a parking lot to accommodate 500 vehicles. Each parking space will be 8.5 feet x 15 feet It has been estimated that the space required for aisles will be 80% of the space required for parking. A local paving company charges $10 per square foot for paving and at fee of $12.000 for marking and painting the individual parking spaces. Based on this information, what is the estimated cost of paving and marking this parking lot? The estimated cost of paving and marking the parking lot is s(Round to the nearest dollar)

Explanation / Answer

Space required for each car

Total Space required for 500 cars (80%)

Total Space including pavement 100%)

Pavement space (20%)

Marking and painting fees,$

Paving charges,$

Total cost $

127.5

63750

79687.5

15937.5

6000000

159375

6159375

Space for each car = 8.5*15=127.5

For 500 cars = 127.5*500=63750

For 100 percent space = 63750/0.8=79687.5

Pavement space (20%) = 79687.5-63750=15937.5

Pavement charges = 15937.5*10=159375

Marking and painting fees for 63750 sqft = (63750*12000)/127.5 = 6000000

So, the estimated cost of paving and marking the parking lot is $ (159375+6000000)=$6159375