# cost and economic alaysis

## Project Description:

i need the following problem solved, please show your math, and not that the discount rate is 5 percent. i also need it back within 2 hours, nlt 1pm eastern.

3. a townâ€™s recreation department is trying to decide how to use a piece of land. one option is to put up basketball courts with an expected life of eight years. another is to install a swimming pool with an expected life of 24 years. the basketball courts would cost \$180,000 to construct and yield net benefits of \$40,000 at the end of each of the eight years. the swimming pool would cost \$2.25 million to construct and yield net benefits of \$170,000 at the end of each of the 24 years. each project is assumed to have zero salvage value at the end of its life. using a real discount rate of 5 percent, which project offers larger net benefits?
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Project Stats:

Price Type: Fixed

Project Budget: \$10 to \$20
Completed
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