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From the following data, calculate the (@) conventional and (b) modified benefit/cost ratios using an interest rate of 6% per year and an infinite project

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From the following data, calculate the (@) conventional and (b) modified benefit/cost ratios using an interest rate of 6% per year and an infinite project To the People To the Government Benefits: $300,000 now Costs: $1.5 million now and $100,000 and $200,000 three per year years from now. Disbenefits: $40,000 per year Savings: $70,000 per year

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