Question
A government agency has estimated that a flood control project has costs and benefits that are parabolic, according to the equation (PW of benefits) 2
A government agency has estimated that a flood control project has costs and benefits that are parabolic, according to the equation
(PW of benefits)2 5 * (PW of cost) + 10 = 0
Where both benefits and costs are stated in millions of dollars. What is the present worth of cost for the project that optimizes benefits over the life of the project? At that optimal level, what is the B/C ratio, rounding to thousandths?
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Healthcare Financial Management Applied Concepts And Practical Analyses
Authors: Cassandra R. Henson
1st Edition
0826144748, 978-0826144744
