Question $4$

Question Value: $13$

The Newfoundland government is considering three new flood control projects for the Badger area. Projects A and B consist of permanent dikes. Pro$-$

a small dam. The dam will have recreation and irrigation benefits as well as the flood control benefits. Facts about the three projects are shown in the

following table. Each project has a life of $25$ years. The MARR is $10\%.$