Answered step by step
Verified Expert Solution
Question
1 Approved Answer
, 0/3 2 points awarded Scored The cost of grading and spreading grave on a curvy rural road is expected to be $300,000. The
, 0/3 2 points awarded Scored The cost of grading and spreading grave on a curvy rural road is expected to be $300,000. The road will have to be malotained at a cast of $32,000 per year. Even though the new road 's not very smooth. It allows access to an area that previously could only be reached with off-road vehicles. The improved accessibility has led to a 170% increase in the property values along the road if the previous market value of the property was $900,000, calculate the conventional B/C ratto using an interest rate of 6% per year and a 20-year study period. The conventional R/C ratio is Hini fcial points awarded
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started