Question: please show step by step... The B/C ratio for a flood control project along the Swanee River was calculated to be 1.4. If the benefits

please show step by step... The B/C ratio for a flood control please show step by step...

The B/C ratio for a flood control project along the Swanee River was calculated to be 1.4. If the benefits were $550,000 per year and the maintenance costs were $171,000 per year, determine the initial cost of the project at an interest rate of 8% per year and a 50-year life. The initial cost of the project is $D

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