Question

From the following data, calculate the ( a ) conventional and ( b ) modifi ed benefi t/cost ratios using an interest rate of 6% per year and an infi nite project period. To the People To the Government Benefi ts: $300,000 now and $100,000 per year thereafter Costs: $1.5 million now and $200,000 three years from now Disbenefi ts: $40,000 per year Savings: $70,000 per year

Answer 1

Answer:

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