Question: Example #7 .A major corridor investment is expected to yield $50,000 per year in reduced crash costs, $20,000 per year in reduced operating costs and

Example #7 .A major corridor investment is expected to yield $50,000 per year in reduced crash costs, $20,000 per year in reduced operating costs and $405,000 per year in reduced travel time costs. What is the combined present worth of these benefits? Assume that the discount rate is 5%, the analysis period is 20 years and salvage value is $1.0 million

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