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You are working for a construction firm that has decided to bid on a project to build street lamp posts. You want to make a
You are working for a construction firm that has decided to bid on a project to build street lamp posts. You want to make a Cost-Benefit ratio of the upcoming project. You notice this information about the project:
The annual benefit to the taxpayers was calculated ahead of time and projected to be roughly $345,000 a year. The MARR is 12% and the project life cycle is 50 years. Should you take this project and why?
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