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Annual method example page 322 #4 Compute the equivalent uniform net annual return of the following rapid-transit project. Use a discount rate of 8% Annual

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Annual method example page 322 #4 Compute the equivalent uniform net annual return of the following rapid-transit project. Use a discount rate of 8% Annual benefits (assume over an infinite period) Decrease direct user cost $40 million Indirect community benefits $55 million What is the benefit-cost ratio of this shame

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