A nylon [E = 360 ksi; ν = 0.4] rod (1) having a diameter of d_{1} = 2.50 in. is placed inside a steel [E = 29,000 ksi; ν = 0.29] tube (2) as shown in Figure P3.7. The inside diameter of the steel tube is d_{2} = 2.52 in. An external load P is applied to the nylon rod, compressing it. At what value of P will the space between the nylon rod and the steel tube be closed?