Question: Four mutually exclusive projects are being considered for a new 2-mile jogging track. The life of the track is expected to be 90 years, and


Four mutually exclusive projects are being considered for a new 2-mile jogging track. The life of the track is expected to be 90 years, and the sponsoring agency's MARR is 9% per year. Annual benefits to the public have been estimated by an advisory committee and are shown below. Use the B-C method (incrementally) to select the best jogging track. Alternative nitial cost$160,000$59,000 S53,000 $60,000 Annual benefits $19,000 9,500 $7,500 11,000 B-C ratio 132 1.79 157 1.32 2.04
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