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A new waste truck is needed for a portion of the city. Compare the asset with the Benefit-Cost method? The interest rate is 6% Present

A new waste truck is needed for a portion of the city. Compare the asset with the Benefit-Cost method? The interest rate is 6%

Present value = $55,000

Annual cost = $11,500

Annual savings = $28,500

Salvage value = $6,800

Life in years = 10

a. B/C = 1.47
b. B/C = 1.53
c. B/C = 1.40
d. B/C = 1.88

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