Question: The given answer is wrong A consultant, after 3 months of work, reported that the modified B/C ratio for a city-owned hospital heliport project is

The given answer is wrong

A consultant, after 3 months of work, reported that the modified B/C ratio for a city-owned hospital heliport project is 1.7. If the initial cost is $2.1 million and the annual benefits are $195,000, what is the amount of the annual M\&O costs used in the calculation? The report stated that a discount rate of 7% per year and an estimated life of 45 years were used. The M&O cost is $

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