The two alternatives shown below are for projects to be considered to improve the traffic at a road intersection: Based on an interest rate of 7% per year and a 10 year study period determine the following: 1. Calculate the Benefits/Cost ratio for Alternative 1 2. Calculate the Benefits/Cost ratio for Alternative 2 3. Perform an incremental Benefits/Cost analysis for the two alternatives 4. Determine which alternative the city council should choose B/C ratio for Alternative 1 B/C ratio for Alternative 2 Incremental B/C ratio Alternative to be chosen A. - 1.54 B. 3.46 C. Choose Alternative ! D. - 2.09 E. Choose Alternative 2 F. 1.54 G. Choose Do Nothing H. - 3.46 I. - 2.09