For an infrastructure project, the capital investment is $11,756,299, the annual operation and maintenance cost is $712,659, the annual benefit is $2,150,852, and the salvage value is $1,906,199. If the project has a useful of 50 years, and the interest rate is 7% annually. What is the benefit-cost-ratio of this project (keep two decimal places)? 7% 10 1 2 3 4 5 12 13 14 15 31 32 7 16 17 18 19 20 33 34 35 9 21 22 23 24 25 26 27 28 29 30 40 45 50 55 Single Payment Compound Present Sinking Amount Worth Fund Factor Factor Factor Find A Given F Find F Given P F/P 1.070 1.145 1.225 1.311 1.501 1.606 1.718 1.838 1.967 2.105 2.252 2.410 2.579 2.759 2.952 3.159 3.380 3.617 3.870 4.141 4.430 4.741 5.072 5,427 5.807 6.214 6.649 7.114 7.612 8.145 8.715 9.325 9.978 10.677 14.974 21.002 29.457 41.315 57.947 Find P Given F P/F 9346 8734 8163 7629 7130 6663 6227 5820 5439 5083 4751 4440 4150 3878 3624 3387 3166 2959 .2765 2584 2415 2257 .2109 1971 1842 1722 1609 1504 1406 1314 1228 1147 1072 1002 0937 0668 0476 0339 0242 0173 1.0000 4831 3111 2252 1739 1398 1156 0975 0835 0724 0634 0559 0497 0443 0398 0359 0324 0294 0268 10244 0223 0204 0187 0172 0158 0146 0134 0124 0114 0106 00980 00907 00841 00780 00723 .00501 00350 00246 00174 00123 Compound Interest Factors Uniform Payment Series Capital Recovery Factor Find A Given P A/P 10700 5531 3811 2952 .2439 2098 1856 1675 .1535 1334 .1259 1197 1098 1059 1024 0994 0968 0944 0923 0904 0887 .0872 0858 0846 0834 0824 0814 0806 0798 .0791 0784 0778 0772 0750 0735 0725 0717 0712 Compound Amount Factor Find F Given A F/A 1.000 2.070 3.215 4.440 5.751 7.153 8.654 10.260 11.978 13.816 15.784 17.888 20.141 22.551 25.129 27.888 30.840 33.999 37.379 40.996 44.865 49.006 53.436 58.177 63.249 68.677 74.484 80.698 87.347 94.461 102.073 110.218 118.934 128,259 138,237 199.636 285.750 406.530 575.930 813.523 Present Worth Factor Find P Given A P/A 0.935 1.808 2.624 3.387 4.100 4.767 5.389 5.971 6.515 7.024 7.499 7.943 8.358 8.745 9.108 9.447 9.763 10.059 10.336 10.594 10.836 11.061 11.272 11.469 11.654 11.826 11.987 12.137 12.278 12.332 12.647 12.754 12.854 12.948 13.332 13.606 13.801 13.940 14.039 Arithmetic Gradient Gradient Present Worth Find P Given G P/G 0 0.873 2.506 4.795 7.647 Gradient Uniform Serles Find A Given G A/G 0 0.483 0.955 1.416 1.865 2.303 2.730 3.147 3.552 3.946 4.330 4.703 5.065 5.417 5.758 6.090 6.411 6.722 7.024 7.316 7.599 7.872 8.137 8.392 8.639 8.877 9.107 9.329 9.543 9.749 9.947 10.138 10.322 10.499 10.669 11.423 12.036 12.529 12.921 13.232 10.978 14.715 18.789 23.140 27.716 32.467 37.351 42.330 47.372 52.446 57.527 62.592 67.622 72.599 77.509 82.339 87.079 91.720 96.255 100.677 104.981 109.166 113.227 117.162 120.972 124.653 128.212 131.644 134.951 138.135 152.293 163.756 172.905 180.124 185.768 n 1 2 3 5 6 7 8 9 10 11 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 35 40 45 50 55 60

For an infrastructure project, the capital investment is $11,756,299, the annual operation and maintenance cost is $712,659, the annual benefit is $2,150,852, and the salvage value is $1,906,199. If the project has a useful of 50 years, and the interest rate is 7% annually. What is the benefit-cost-ratio of this project (keep two decimal places)