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An engineering project costs $50000. The benefits at the end of the first year are estimated to be $10000, increasing at a 10% uniform rate
An engineering project costs $50000. The benefits at the end of the first year are estimated to be $10000, increasing at a 10% uniform rate in subsequent years. Using an 8 years analysis period and a 10% interest rate, the benefit-cost ratio is : Select one: A. 1.45 B. 3.50 C. 2.50 D. 4.50 E. 0.91
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