brand A (15.8$/gallon,every gallon is sufficient to 350 square ft ,lasts 3 yrs,70 square ft could be painted every hour)
brand B(20.4$/gallon, sufficient to 400 square ft,80 square ft could be painted everyhour)
the worker takes 17 $ per hour
rate of iterest is 10%
how lond does brand b have to last so they BREAKEVEN?When 2 paint brands breakeven? (enginnering economy)?
Brand A will cost:
Cost of paint $15,80
Labor cost 350/70 * 17-$85.00
Total--$100.80
Interest for 3 years @10%-$30.24
Total-$140.04
Cost per year $140.04/3 years--$43.68
Brand B will cost before interest $20.40+85=105.40
In order to break even the time required will be
($140.04/105.40) - 1= 3.29 years
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