A company construction cost of the bypass is 1.7 B dollars and 33 million dollars would be required each year for annual maintenance. The annual benefits to the public have been estimated to be 250 million dollars. What will be the ratio of this project at a 7.5 % interest rate? How about if the interest rate is at 3/4%? Indicate which interest rate will be the bypass is economically acceptable

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Ans Given Cost of the bypasa 17 B Dollars required each year for annual maint... View the full answer