Question
The city of Oak Ridge is evaluating three mutually exclusive landscaping plans for refurbishing a public greenway. Benefits to the community have been estimated by
The city of Oak Ridge is evaluating three mutually exclusive landscaping plans for refurbishing a public greenway. Benefits to the community have been estimated by a landscaping committee, and the costs of planting trees and shrubbery, as well as maintaining the greenway, are summarized below. The city's discount rate is 6% per year, and the planning horizon is13 years.LOADING... Click the icon to view the interest and annuity table for discrete compounding when the MARR is6% per year.
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a. Use the B-C ratio method to recommend the best plan when annual maintenance expenses offset annual benefits in the numerator. Perform the incremental B-C Analysis. Fill-in the table below. (Round to four decimal places.)
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