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! ! ! ! ! ! ! ######## Problem 0 9 . 0 2 0 Benefit / Cost Analysis of a Single Project A consultant,

!!!!!!!######## Problem 09.020 Benefit/Cost Analysis of a Single Project
A consultant, after 3 months of work, reported that the modified B/C ratio for a city-owned hospital heliport project is 1.8. If the initial cost is $2.1 million and the annual benefits are $815,000, what is the amount of the annual M&O costs used in the calculation? The report stated that a discount rate of 7% per year and an estimated life of 30 years were used.
The M&O cost is $te of 18% per year and an estimated life of 30 years were used.
The M&O cost is $_____

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