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A state department of health is considering a public awareness campaign to encourage vaccination. It determines that the cost of this campaign would be $700,000
A state department of health is considering a public awareness campaign to encourage vaccination. It determines that the cost of this campaign would be $700,000 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 $1,250,000; the savings would decrease by $80,000 each of the following 5 years. Assuming a discounting factor of 5%, 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 0.01. Would you recommend the department of health launch the public awareness campaign
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