1.If the local government invests in a project which has a 20 years useful life and initial...
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Question:
1.If the local government invests in a project which has a 20 years useful life and initial investment of 2.25 million dollars and the yearly benefit is $250,000, with a maintenance cost (starting in year 1), what is Benefit Cost Ratio (round to the whole percentage, no decimals)?
The right answer is 75%, how do they find it?
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