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For flood control purposes, the government is considering three undeveloped sites for a water detention area. The estimated costs associated with each alternative are given
For flood control purposes, the government is considering three undeveloped sites for a water detention area. The estimated costs associated with each alternative are given below. Use the conventional B-C ratio method, with AW as the equivalent-worth measure, to determine which alternative should be selected at an interest rate of 6% per year. Assume the site will be used for 17 years before being developed for other purposes. Site C S1,350,000 $1,250,000 $1,500,000 S320,000S300,000S345,000 S1,540,000 $1,500,000 $1,595,000 S530,000S500,000$560,000 Site B Site A Initial cost, $ Annual maintenance, S/ Annual benefits. S Annual disbenefits, S/
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