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Use PWs to calculate the benefit/cost ratio at i = 5% for a highway project. The first cost is $150K, and O&M costs are $5K
Use PWs to calculate the benefit/cost ratio at i = 5% for a highway project. The first cost is $150K, and O&M costs are $5K per year. There is no salvage value after 20 years. Time savings to users are worth $35K per year, and neighborhood disruption is a dis-benefit of $10K per year. What is the breakeven annual time savings for the highway project
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