Jenny mccarthy is an engineer for a municipal power plant. the plant uses natural gas, which is currently provided form an existing pipeline at an annual cost of $10,000 per year jenny is considering a project to construct a new pipeline. the initial cost of the new pipeline would be $35,000, but it would reduce the annual cost to $5,000 per year. assume an analysis period of 20 years and no salvage value for either the existing or new pipeline. the interest rate is 6%.(a) determine the equivalent uniform annual cost (euac) for the new pipeline.
(b) should the new pipeline be built?