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A national park will be built at a cost of $2.8 billion with annual employee salaries, operation and maintenance cost of $500,000 per year. Savings

image text in transcribed A national park will be built at a cost of $2.8 billion with annual employee salaries, operation and maintenance cost of $500,000 per year. Savings to environment is expected to amount to $273 million per year. Lost income to nearby industries is estimated to be $40 million per year. At an interest rate of 2% per year, compounded yearly, should the project be undertaken ?. Use B/C and consider a 10 year project life span. InterestTables No, because the B/C is 0.75 No, because the B/C is 0.21 Yes, because the B/C is 1.45 Yes, because the B/C is 1.97

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