Flood damage in the Brush Creek area averages ($ 7,000) annually. Civil engineers with floodplain expertise have
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Flood damage in the Brush Creek area averages \(\$ 7,000\) annually. Civil engineers with floodplain expertise have designed a series of small dams to restrain the flow. They will cost \(\$ 25,000\) and will involve annual maintenance charges of \(\$ 500\). What is the anticipated benefit/cost ratio if the interest rate is 6 percent, the service life is 10 years, and the salvage value is \(\$ 5,000\) ?
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Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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