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see photos 1 0 - 3 . A proposal has been made for improving the downtown area of a small town. The plan calls for

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10-3. A proposal has been made for improving the downtown area of a small town. The plan calls for
banning vehcular traflic on the main street and torning As strect into a pedestrian mail with tree plantings and ovars of $6,000,000 and, according to its proporientity, the plun will produce benefits and disbenefits to the town as follows
Bencfits
Increasod sales tax revenue
Incroased real estate property taxes $$30,000 per ycart Bencfis due to decreased air pollution $80,000 per ycar. Quality of life improvements to users $70,000 per year
Dibencfits:
Increased maintenance
$175,000 per ycar
a. Compute the B C ratio of this plan based on a MARR of 10% per year and an infinite life for the project. (10.7)
How does the B-C ratio change for a 20-ycar procot life? (10.7)
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