Benefits: $16 per year

Question 1 20 pts What is the Conventional B/C ratio for the following cash flow estimates at interest rate of 6% per year? Initial Cost $20 (end of) first year, decreasing by $5 per year for 3 additional years Annual Cost Benefits $2 per pear $16 per year $0.6 per year Disbenefits I O Between 1.00-1.20 Between 1.20-1.40 Between 1.40-1.60 None of the above