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21 May, 12:28

An architect-engineering firm is planning a parking lot to accommodate 500 vehicles. Each parking space will be 8 feet times 13.5 feet. It has been estimated that the space required for aisles will be 85 % of the space required for parking. A local paving company charges $13 per square foot for paving and a flat fee of $10 comma 200 for marking and painting the individual parking spaces. Based on this information, what is the estimated cost of paving and marking this parking lot?

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  1. 21 May, 15:07
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    Estimate cost of paving and marking = $1,308,900

    Explanation:

    Each parking space = 8 ft * 13.5 ft

    = 108 ft²

    total area of the parking = 108 * 500

    = 54,000 ft²

    space required for aisles = 85% * 54000

    = 45900 ft²

    Total area = 54000 + 45900 = 99900 ft²

    total paving charges = 99,900 * $ 13 = $ 1,298,700

    cost of making and painting = $10,200

    Estimate cost of paving and marking = $ 1,298,700 + $10,200

    Estimate cost of paving and marking = $1,308,900
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