Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Needing help with evaluating this with out excel preferably. l) locations for a water tower for the Village of NVideplace are being considered. Initial constluction

Needing help with evaluating this with out excel preferably.

image text in transcribed

l) locations for a water tower for the Village of NVideplace are being considered. Initial constluction costs and annual operating costs for these sites are given in the table. Assume that the water tower will last forever and that a site must be selected. Using benefit/cost ratio analysis and an interest rate of 9.53101798% per year compounded continuously, which site should be chosen? (Please clearly show which WC ratio you are using) Site Initial Cost Annual Cost M&O (every 5 years) Annual Benefit Total Cost/yr Total Benefit}yr WC ratio North Downtown 6000000 280000 610510 1100000 Southeast 4000000 360000 610510 980000 5000000 320000 610510 1060000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Slavery And American Economic Development

Authors: Gavin Wright

1st Edition

0807152285, 9780807152287

More Books

Students also viewed these Economics questions

Question

=+ What is Pats minimax choice?

Answered: 1 week ago

Question

a sin(2x) x Let f(x)=2x+1 In(be)

Answered: 1 week ago