401/qu2

Project A has a first cost of $950,000 and will produce a $50,000 net annual benefit over its 50-year life. Project B costs $1,250,000 and produces an $85,000 net annual benefit. If interest is 3% per year, the benefit-cost ratios of Projects A and B are nearest what values? 0.52,0.67 0.74,0.57 1.35,1.75 2.63,3.40