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If you could clearly show your work that would be great. If correct I will upvote, thanks in advance! From the following data, use the
If you could clearly show your work that would be great. If correct I will upvote, thanks in advance!
From the following data, use the conventional B/C ratio for a project that has a 20-year life to determine if it is economically justified. Use an interest rate of 8% per year. Consequences To the People To the Government Annual benefits = $115,000 per year First cost = $925,000 Annual disbenefits = $10,000 per year Annual cost = $105,000 per year Annual savings = $30,000 per year The B/C ratio is 0.705 X . The project is not justifiedStep by Step Solution
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