1. What is the benefit cost ratio applying an interest rate of 7.0% that requires an upfront investment of 120,000 of the public project below? 1 2 3 4 5 6 7 8 Benefits 35,000 51,000 51,000 51,000 51,000 51,000 46,000 41,000 Revenues 4,000 6,000 6,000 6,000 6,000 6,000 6,000 3,000 Operating Cost 13,000 16,000 16,000 16,000 16,000 17,000 19,000 18,000