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The City of Cambridge is considering building a recreation park at one of four possible locations. Each location has different costs, benefits and dis -
The City of Cambridge is considering building a recreation park at one of four possible
locations. Each location has different costs, benefits and disbenefits associated with it A
summary of the four locations is shown in the table below. Which location is best?
The life of the park is expected to be years for all four locations.
The applicable interest rate is compounded yearly.
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