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The construction cost of the bypass is $20 million, and $500,000 would be required each year for annual maintenance. The annual benefits to the public
The construction cost of the bypass is $20 million, and $500,000 would be required each year for annual maintenance. The annual benefits to the public have been estimated to be $2,497,949 million. If the study period is 50 years and the states interest rate is 8% per year, what is the conventional B-C ratio?
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