Question: The following data is provided for a PPP project. To the People To the Government Benefits $95,000 per year beginning now Cost $1.8 million now

The following data is provided for a PPP project. To the People To the Government Benefits $95,000 per year beginning now Cost $1.8 million now and $200,000 every 3 years Disbenefits $20,000 per year Savings $85,000 per year Calculate the modified benefit/cost ratios using an interest rate of 7% per year and an infinite project period. The modified B/C ratio is

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