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A county will invest $5,700,000 to clean up a chemical spill that occurred following a natural disaster. At the end of the 10-year planning horizon,
A county will invest $5,700,000 to clean up a chemical spill that occurred following a natural disaster. At the end of the 10-year planning horizon, an additional $1,300,000 will be spent in restoring the site to an environmentally acceptable condition. The investment is expected to produce net annual benefits that will decrease by 25% each year. The net annual public benefit in the 1st year is estimated to be $3,500,000. Determine the B/C ratio for the investment using a 4% MARR Click here to access the TVM Factor Table calculator B/C = Carry all interim calculations to 5 decimal places and then round your final answer to 3 decimal places. The tolerance is 10.003
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