Operating an maintenance costs are incurred at the end of each year over which the bridge is in operation. This is at the ends of years 2, 3,...., 26. the MARR is 10%. the annual benefits for this project is estimated to be $498,750. Compute the present worth of the project. Compute the benefit-cost ratio. Compute the modified benefit-cost ratio. A province in Canada is considering the construction of a bridge. the bridge would cross a narrow part of a lake near a provincial park. the major benefit of the bridge would be reduced travel time to a campsite from a nearby urban center. This lowers th cost of camping trips at the park. As well, an increase in the number of visits resulting from the lower cost per visit is expected. Data concerning the number of week-long visits and their costs are shown below: the following data are available as well: the bridge will take one year to build. the bridge will have a 25-year life once it is completed. This means that the time horizon for computations is 26 years. Construction cost for the bridge is $3,750,000. Assume that this cost is incurred at the beginning of year 1. Annual operating and maintenance costs for the bridge are given by: $7,500 + 0.25q Where $7,500 is the fixed operating and maintenance cost per year and q is the number of crossings