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The City of Pullman is considering whether to put in a new playfield. The city's annual interest rate is 10%. First Cost: $145,000 Annual Maintenance:

The City of Pullman is considering whether to put in a new playfield. The city's annual interest rate is 10%. First Cost: $145,000 Annual Maintenance: $20,000 Annual Benefits: $60,000 Annual Disbenefits: $12,000 LIFE 20 years The PUBLIC SECTOR benefit/cost ratio for this project is closest to: a. 0.93 b. 1.04 O c. 1.22 O d. 1.30

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