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The initial investment of one bridge is $15 million, and $2 million would be required each year for annual maintenance. The annual benefits to the

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The initial investment of one bridge is $15 million, and $2 million would be required each year for annual maintenance. The annual benefits to the public is estimated to be $3 million. If the study period is 20 years (assume there is no salvage value at the end of the study period) and the interest rate is 8% per year, what is the modified B- C ratio of this project? Please keep two decimal digits for your

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