A city government is considering increasing the capacity of the current waste-water treatment plant. The estimated financial data for the project are given in the table below. Calculate the benefit-cost ratio for this capacity expansion project. Click the icon to view the estimated financial data for the project. Click the icon to view the interest factors for discrete compounding when i = 6% per year. The benefit-cost ratio is . (Round to two decimal places.) More Info Description Capital investment Project life Incremental annual benefits Incremental annual costs Salvage value Discount rate Data $1,200,000 25 years $250,000 $100,000 $50,000 6 % Print Done