A state department of health is considering a public awareness campaign to encourage vaccination. It determines that the cost of this campaign would be $760,000 per year for the next 6 years. It estimates that the campaign would reduce rates of illness and communicable disease. At the end of the first year of the campaign, the resulting savings would be $1,150,000; the savings would decrease by $120,000 each of the following 5 years. Assuming a discounting factor of 8%, compute the benefit cost ratio. Click here to access the TVM Factor Table calculator. Carry all interim calculations to 5 decimal places and then round your final answer to two decimal places. The tolerance is \pm 0.01 . Would you recommend the department of health launch the public awareness campaign? eTextbook and Media Assistance Used Hint Assistance Used Draw the cash flows of both the benefits and the costs. Use these to compute the present worth of both the benefits and the costs. Then use these to compute the B/C ratio. A state department of health is considering a public awareness campaign to encourage vaccination. It determines that the cost of this campaign would be $760,000 per year for the next 6 years. It estimates that the campaign would reduce rates of illness and communicable disease. At the end of the first year of the campaign, the resulting savings would be $1,150,000; the savings would decrease by $120,000 each of the following 5 years. Assuming a discounting factor of 8%, compute the benefit cost ratio. Click here to access the TVM Factor Table calculator. Carry all interim calculations to 5 decimal places and then round your final answer to two decimal places. The tolerance is \pm 0.01 . Would you recommend the department of health launch the public awareness campaign? eTextbook and Media Assistance Used Hint Assistance Used Draw the cash flows of both the benefits and the costs. Use these to compute the present worth of both the benefits and the costs. Then use these to compute the B/C ratio