For the following series of income and expenses, find the equivalent value in year 9 at an interest rate of 12% per year. Show all calculations Years 0 1-6 7-9 10-16 Income $ zero 9000 28000 38000 Expense $ -70000 - 13000 - 14000 -19000 An engineering consulting company is interested in improving accident prevention counter measures on the public highways and bridges. The following set of projects has been recommended for evaluation at three different locations and assumes the budget is $20 million. All alternatives are mutually independent projects. Find the best combination of projects within the budget constraint. Location alternative Benefit Cost L L-A 45 L-B 30 9 12 LL LL-A 35 6 LL-B 20 12 LLL LLL-A 25 N LLL-B 30 7