Question
The city engineer in Cookeville, Tennessee is considering two possible alternatives for a garbage collection system. The following cost data has been compiled. If the
The city engineer in Cookeville, Tennessee is considering two possible alternatives for a garbage collection system. The following cost data has been compiled. If the interest rate is 4%, determine the B /C ratio.
| Year | System A | System B |
| 0 | -$150,000 | -$175,000 |
| 1 - 30 | 10,000 | 12,000 |
| A. | 1.09 | |
| B. | 2.27 | |
| C. | 1.38 | |
| D. | 0.96 |
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Empirical Techniques In Finance
Authors: Ramaprasad Bhar, Shigeyuki Hamori
1st Edition
3642064175, 978-3642064173
