Pak Army Engineering Service has a contract to construct a dam in Sindh. They have to select best site out of six listed below. Annual construction cost and benefits are listed below. Using interest rate of (0.10+70.3) %. The dam life is 20 years. Show your detail working using annual worth analysis. 1) Select the best location based on B/C method 2) If the sites are considered as independent projects, which sites are considered acceptable? (solve in written form) Site Cost of construction in million Rs Annual benefits in thousands Rs A 7 431 9 517 C 3 154 11 492 E 6 431 F 12 861