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show hand calculations please Question 13 (5 points) The city of Hawkins is considering building a second river crossing at the cost of $1,300,000 to
show hand calculations please
Question 13 (5 points) The city of Hawkins is considering building a second river crossing at the cost of $1,300,000 to improve traffic-flow near the new Starcourt Mall. The annual maintenance costs of the crossing will be $5,500, but users will save $3,200 per year due to reduced waiting time. In addition, vehicle crashes are expected to decrease representing a property and medical savings of $120,000 per year. The crossing is expected to handle traffic adequately over a 25-year period. The city uses an MARR of 5%. What is the BCR of this project (to 3 decimals)? A What is the BCRM of this project (to 3 decimals)? Should the project be built? A/ Question 13 (5 points) The city of Hawkins is considering building a second river crossing at the cost of $1,300,000 to improve traffic-flow near the new Starcourt Mall. The annual maintenance costs of the crossing will be $5,500, but users will save $3,200 per year due to reduced waiting time. In addition, vehicle crashes are expected to decrease representing a property and medical savings of $120,000 per year. The crossing is expected to handle traffic adequately over a 25-year period. The city uses an MARR of 5%. What is the BCR of this project (to 3 decimals)? A What is the BCRM of this project (to 3 decimals)? Should the project be built? A/Step by Step Solution
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