The B/C ratio for a flood control project along the Swanee River was calculated to be 1.3.
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The B/C ratio for a flood control project along the Swanee River was calculated to be 1.3. If the benefits were $500,000 per year and the maintenance costs were $200,000 per year, determine the initial cost of the project at an interest rate of 7% per year and a 50-year life.
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C PAP750 200000 P007246 2000...View the full answer
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