Question 4 (1 point) The annual benefits associated with construction of an outer belt highway are estimated at $10.5 M . The initial construction costs will be $400 M, and the projects useful life is 50 years. Annual maintenance costs are $500,000 with periodic rebuilding costs of $10 M every 10 years. If interest is 2%, the BCR is (Note: this is an Excel problem - would be difficult on a calculator). 1.11 1.35 0.74 0.25